The Gold Standard: A Critique of Friedman, Mundell, Hayek, and Greenspan
This is an essay which takes as its jumping off point the free enterprise system.
This is an essay which takes as its jumping off point the free enterprise system.
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.
Eugen von Böhm-Bawerk expressed concern that the interest rate might not get rid of its "moral shade"—its moralischer Schatten. Thorsten Polleit chronicles the attempts to drive it to zero.
Las Vegas is one big bubble, writes Doug French. Sin City's brand name has never been hotter.
What's the best book on money ever written? That's an easy one: What Has Government Done to Our Money? by Murray N. Rothbard. The Mises Institute is bringing out a new edition, and uniting it with Rothbard's radical blueprint for monetary reform. You can help.
The Bush plan claims to increase capital accumulation because of its superficial emphasis on investment, writes Robert Murphy. But it is a total shell game.