Monetary Theory
The Great Myth of the Inflation Cure
Casey B. Mulligan believes what the economy needs right now is a little inflation.
The Budget Mess: Time to Get Serious
The Sphinx Speaks!
Why should we care about his predictions concerning the economy or his recommendations for how to end the slump? The answer, of course, is that the Federal Reserve has the power to destroy the world economy.
David Hume and the Theory of Money
Hume concluded his penetrating analysis with an ultra-hard-money policy proposal — 100 percent specie-reserve banking.
Money Can’t Buy You Economic Prosperity
We cannot eat money. We cannot wear money. We cannot live in money. Money can’t buy you love, writes Shawn Ritenour.
Uncle Sam: Busted
The federal government is digging itself deeper and deeper into debt at an alarming rate.
The Balanced-Budget Question
From the Libertarian Review, May 1979, Rothbard provides a well-rounded discussion of the strengths and weaknesses of a balanced-budget amendment.
Utah Recognizes Gold Coins to Be Money
What if this law in the state of Utah catches on? What if people started to price goods and services on the basis that $20 equals an ounce of gold?