Money and Banking
Should Government Stabilize the Price Level?
Below, Rothbard explains that one reason given in support of a government-regulated monetary system i
How Wilson and the Fed Extended the Great War
With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.
Gold, Switzerland, and Free-Market Money
Contrary to what is commonly assumed, Austrian economics and Austrians scholars themselves are not necessarily in favor of gold-based monetary syst
How Wilson and the Fed Extended the Great War
With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.
The Cultural and Political Consequences of Fiat Money
The Free Market 32, no. 10 (October 2014)
It may seem unusual that an economist would talk about culture.
When Money Dies: Germany and Paper Money After 1910
After 1910, Germany increasingly relied on fiat money to pay the bills. It wasn't just the Treaty of Versailles that eventually led to hyperinflation, but an all-too-common policy of turning to inflationary monetary policy.
Money, Subjective Value, and Gold
The quasi-gold standard promoted by Steve Forbes and Elizabeth Ames in their new book has more in common with the Bretton Woods system than with the classical gold standard.
