Monetary Theory

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Frank Shostak

"The government doesn't create any real wealth, so how can an increase in government outlays revive the economy?"

Sterling T. Terrell

What can be more Austrian than an investment strategy that is based entirely in the notion that the future is uncertain and accurately forecasting it is impossible?

Thorsten Polleit

People must relearn that free-market money, or sound money, as Mises put it, is the indispensable element for preserving the free societal order.

Stefan Karlsson

The Austrians (including me) who predicted these problems based on Greenspan's low-interest-rate policy know of course that the main cause was that low-interest-rate policy, with his numerous bailouts of failed financial institutions also creating a moral hazard that encouraged risky behavior.

David Gordon

DiLorenzo identifies the inception of a basic and malign influence, economic nationalism, on American history.