Monetary Theory

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Philipp Bagus

Our monetary system encourages debt and punishes saving. It also benefits those who already have money at the expense of those who do not.

Karl-Friedrich Israel

Blind Robbery!, a new, easy-to-read book on money is a must-read for anyone who wishes to understand the damage our easy-money system is doing.

Joseph T. Salerno

This new issue features important contributions to monetary theory and policy, a novel program for re-establishing gold money, and much more.

Henry Hazlitt

Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.

Eduard Braun

My need to comment on Dr. Howden’s review has to do with the fact that he misrepresents my position on a point that is central in my book.

 

Christian Toll

David Rapp was the first to analyze the German Banking Restructuring Act from a business economics perspective, based upon Austrian insights.

Jörg Guido Hülsmann

Monetary and financial stabilization policies turned out to be de-stabilizing.

Murray N. Rothbard

Government could never cement its power over a nation's currency, if the people could repudiate the fiat paper and turn to gold for its money.

Henry Hazlitt

From April 6, 1959: As inflation increases, apologists emerge to suggest that, after all, inflation may be a very good thing—or, if an evil, at least a necessary evil.

Murray N. Rothbard

Economists err if they believe something is wrong when money is not in constant, active "circulation."