Portfolio Management of the Free Banks of Illinois: An Examination of Historical Allegations
The literature on free banking has sharply altered its focus in the last two decades.
The literature on free banking has sharply altered its focus in the last two decades.
From The Review of Austrian Economics Vol. 9, No. 2 1996.
From The Review of Austrian Economics Vol. 2, 1988.
Decisively refuted by the facts of economic life, Marxism has been forced to retreat to the one place in the academy where empirical reality seems to carry no weight in an argument: the humanities departments.
Yuri Kuznetsov suggests a scenario by which fiat money comes about, a scenario which may be useful for understanding some events in recent Russian history.
Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.
Modern monetary systems operate on the ability to turn debt into money.