Hayek’s Theory of Money and Cycles: Retrospective and Reappraisal
That Hayek’s work on money, investment, and business cycle theory should be misunderstood and misrepresented poses nothing new.
That Hayek’s work on money, investment, and business cycle theory should be misunderstood and misrepresented poses nothing new.
Dinosaur reveals many relevant truths that do not appear in World Bank financial statements and press release while reviewing much of the relevant literature.
In this article it will be argued that collective corruption - which is the logical result of government interventionism in the field of money production
The article by Jörg Guido Hülsmann, “Free Banking and the Free Bankers,” is an important contribution to a proper understanding of free-banking systems. He is perfectly correct in blaming some advocates of free banking who support arguments which are irrelevant or wrong,
The authors argue that a currency board is a creation of the state, aiming at granting particular political favors,and purposefully designed to secure the reappearance of an independent domestic money producer.
During the late nineteenth century, when silver agitation threatened the gold standard in the United States, gold bonds offered investors some protection from the uncertainties concerning the monetary standard in the United States.
Selgin (2009) offers a challenge to 100 percent reserve banking by noting that small change would be unprofitable with 100 percent reserve money.
What defines a "good society" and how can we use finance to achieve it? Robert Shiller takes the former question as settled, and dedicates his new book Finance and the Good Society
In “Government Regulation and Intergenerational Justice,” Rolf Sartorius argues that some government regulation is justified in order t