Money and Banking

Displaying 1861 - 1870 of 1995
Charles Oliver

Austrians deal with a central but overlooked monetary conundrum.

They cause more monetary trouble than they are worth.

Llewellyn H. Rockwell Jr.

As the world financial system entered a state of collapse, commentators said that Russia had traded the shortages of socialism for the bank runs and financial panics of capitalism. In fact, modern finance and banking are built on unstable, socialistic foundations.

Llewellyn H. Rockwell Jr.

Clinton and friends propose a global lending facility as a prelude to endless bailouts. 

David Gordon

When I received this book, I turned first to the contribution of Murray N. Rothbard, "The Gold Exchange Standard in the Interwar Years." 

 Half of U.S. currency is held overseas. What happens if (when?) it is repatriated?

Jeffrey M. Herbener

Winter's economic crisis in Asia was blamed on "go-go capitalism" and "crony capitalism," but those explanations don't get to the root cause. The Asian meltdown stems from structural defects deep within the world monetary system itself. These are defects that no amount of bailouts, exchange controls, IMF power, or even U.S. monetary discipline can repair.

Ivan Pongracic

My Latin professor once taught me the golden rule of Roman emperors, Vulgus vult decipi, ergo decipiatur. It means the masses want to be cheated, so let's cheat them. Machiavelli built his theory of government partially on this credo.