Other Schools of Thought

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Robert P. Murphy

The impossibility theorem, developed by Nobel-winning economist Robert Mundell, paints a false tradeoff between the free movement of capital, fixed exchange rates, and effective monetary policy. Under a gold standard, all three are a possibility.

Llewellyn H. Rockwell Jr.

One day, the Institute publishes an article criticizing Republicans. The Left cheers, but the Rights denounces us. The next day we criticize Democrats and the Right cheers while the Left is enraged. Yet our position is always consistently against the state. 

Robert Higgs

By keeping the population in a state of artificially heightened apprehension, the government-cum-media prepares the ground for planting specific measures of taxation, regulation, surveillance, reporting, and other invasions of the people's wealth, privacy, and freedoms. 

Ludwig von Mises

"The few independent thinkers who have the courage to question these dogmas are virtually outlawed, and their ideas cannot reach the reading public. ... 'progressive' propaganda and indoctrination has well succeeded in enforcing its taboos. "

Frank Chodorov

The intrusion of politics into the field of economics is simply an evidence of human ignorance or arrogance, and is as fatuous as an attempt to control the rise and fall of tides.

Frank Shostak

According to popular thinking, the sharp decline in money velocity since June 2008 is likely to neutralize recent strong money supply increases’ effect on price inflation ahead. This is a fallacy.

Llewellyn H. Rockwell Jr.

As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of Prohibition.