Real Bills Raises its Ugly Head, Again and Again
“I know no time which is lost more thoroughly than that devoted to arguing on matters of fact with a disputant who has no facts, but only ver
Monetary Theory
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Indonesia’s Energy Policy: A Lesson in Failure
Disruption, high prices, and dislocations of all sorts have led to call for a new "energy policy." Let us consider the case of Indonesia, writes K.Y. Leong, which has an energy policy of an unusual sort.
Stable Money: Myth and Reality
Index targeting is widely viewed as a state-of-the-art concept, writes Thorstein Polleit. But in Mises's view, the very idea of measuring price levels toward stabilization is theoretically untenable and politically dangerous.
Is There a Glut of Saving?
Can there be such thing as too much saving? Frank Shostak says this is like asking if can we have too much real wealth.
Is the Euro Forever?
Leaders of European Union member states have been reeling from the double rejection of the proposed European Constitution by two of the six founding members, writes Grant Nülle.
About the Chinese currency reform
So yesterday it finally happened:-the yuan was revalued , after years of pressure fro
The Austrian Theory of Money
With Mises's insights, no longer did the theory of money need to be separated from the general economic theory of individual action and utility, of supply, demand, and price
Case for a Genuine Gold Dollar, The
The Gold Standard: Perspectives in the Austrian School. Edited with an Introduction by Llewellyn H. Rockwell, Jr.
