Commodity Money in Colonial America
Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as standard moneys.
Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as standard moneys.
<p>Joseph Schumpeter is smiling while the equity holders of Borders stock are crying.</p>
Voters are faced with bundled choices, they vote infrequently, no individual’s vote will affect the election, voters have little incentive to
Higgs's book is that rare and wondrous combination: scholarly and hard-hitting, lucidly written and libertarian as well.
It is theoretically conceivable but scarcely likely that the ruling class will rush to embrace a philosophy and a political economy that will end t
It is vital — indeed, it is literally a life-and-death matter — that Americans be able to look as coolly and clear-sightedly, as free from myth, at
The advocates of free-market economics almost invariably pin the blame for government intervention solely on erroneous ideas—that is, on incorrect ideas about which policies will advance the public weal.
More than the anti-Soviet protests of the late 1980s, the Egyptian uprisings reveal what might eventually come home to the American empire itself, under the right conditions and at the right time.