Free Banking and Credit Creation: Implications for Business Cycle Theory
Free banking is a process where the market makes the ultimate judgment on where to draw the line between money as a present good and money as a future good.
Free banking is a process where the market makes the ultimate judgment on where to draw the line between money as a present good and money as a future good.
Whether the current recovery will strengthen, which appears to be the prevailing consensus, or whether unforeseen events in the financial arena abort it prematurely,
The present work is a doctoral dissertation written at the University of Hamburg. It deals with Mises’s work on monetary economics and business cycle theory.
Complete with an extensive new preface, the republication of Larry Sechrest’s Free Banking is well-timed. The new preface is an important contribution to the ongoing debate within Austrian circles
This paper provides an empirical investigation of the role of monetary policy in the determination of interest rates and consumption as developed by capital-based macroeconomics
In “Government Regulation and Intergenerational Justice,” Rolf Sartorius argues that some government regulation is justified in order t
Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co
John B. Egger and Leland B. Yeager review William H.
Hans F.
Professor Karl Socher of the University of Innsbruck, Austria discusses Austrian Economics in