Monetary Theory

A very good discussion on why money matters: “Fed’s policies expose mainstream fallacies” Dr Frank Shostak, at:

The argument over gold is a replay of the arguments of Adam Smith against the arguments of the mercantilists.

Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.

A careful review of Mises's  arguments and of this theory would convince many reasonable people that Mises's framework is correct.

Anything that affects the value of money affects every market transaction.

Even if they differed on the similarity of the social and physical sciences, it does not follow that Mises and Menger differed on the correct method of economics.

Max Keiser should apologize to his Keiser Report viewers for the ridiculous segment he did and for his crazy claims about Menger and Mises.

Deflationists have been wrong since 1933. Here's why.

Better economists recognize fractional-reserve banking as a major source of financial and economic instability.

The Fed's plan will fail: a fall in interest rates cannot cause the economy to grow.