Wage Rates and Purchasing Power
An individual who earns more money per week is obviously in a position to spend more in buying consumers’ goods than is an individual who ear
Monetary Theory
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How Government Budget Deficits Reduce Wages and Raise Profits
In recent years there have been growing complaints over slow growth in wages compared to profits.
Who’s Afraid of the CPI!
Everybody worries about inflation these days. It’s chic. It’s trendy. And it gives me a great comeback to the boss at raise time.
GNP, PPR, and the Standard of Living
What I have shown is that to the extent that government spending consists either of waste or of intermediate goods, measurement of the standard of living of those working in the private sector is rendered much more accurately by Rothbard's measurement of PPR per private sector worker than by the Department of Commerce's per capita GNP.
Shedlock on Wages and Inflation
Mike Shedlock gives a rather Austrian-flavored explanat
The Hidden Danger of Trade Deficits
Trade deficits indeed present no problem as long as they get financed, writes Antony Mueller.
The Production of Security
Molinari’s article is the first presentation anywhere in human history of what is now called “anarchocapitalism.”
Role Playing Games and Money
I came across this old thread in the Austrian Economics forum, and I thought some of
Rothbard’s Bracing Plan for Gold
To answer a reader question, I revisited Rothbard’s transition plan for 100% gold.
