Money and Banking

Displaying 1381 - 1390 of 2007
Ludwig von Mises

"The discount of future goods as against present goods is a necessary and eternal category of human action."

Xavier Méra

This is embarrassing. Here we have a textbook on money, banking, and financial markets, where, presumably, interest-rate theory should play a central role. But there is no theory of interest here.

Robert P. Murphy

When an economy is on the ropes, the last thing in the world it needs is for politicians to squander more resources and for the central bank to print up more green pieces of paper.

Sir Ernest Benn

"The Bank of England has been reduced to the position of a part of the machinery for the manufacturing of political money in any quantity that may be required."

Roger W. Garrison

"Keynes argues as if the government — or rather, 'forces outside the classical scheme of thought' — could control the volume without affecting any other aspect of the market economy. What sort of powers would government have to wield to be able to exert such a force?"