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
Money and Banking
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Hayek, Business Cycles, and Fractional Reserve Banking: Continuing the De-Homogenization Process
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Greenspan’s Mysterious Conundrum
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.
End Game: Hyperinflation
Modern monetary systems operate on the ability to turn debt into money.
The Demise of the Interest Rate
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.
City of the Bubble
Las Vegas is one big bubble, writes Doug French. Sin City's brand name has never been hotter.
The Best Book on Money Ever Written
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.
