Money and Banking
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Is There a Glut of Saving?
Can there be such thing as too much saving? Frank Shostak says this is like asking if can we have too much real wealth.
9. Monopoly and Anti-Trust, Monopsony
The Austrians view is that monopoly came about as privilege, usually granted by royalty, given to a particular person or industry. This process is arbitrary and capricious. Free entry is required in capitalism. There cannot be restrictions on entry, as with doctors.
Price, quantity, profit, and deadweight loss are four criticisms of monopolies.
Foreword to The Theory of Money and Credit by Mises
Ludwig von Mises’ The Theory of Money and Credit is, quite simply, one of the outstanding contributions to economic thought in the twentieth
Hayek, Business Cycles, and Fractional Reserve Banking: Continuing the De-Homogenization Process
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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.
In Defense of Fiduciary Media—or, We are Not Devo(lutionists), We are Misesians!
From The Review of Austrian Economics Vol. 9, No. 2 1996.
