Inflation and the French Revolution: The Story of a Monetary Catastrophe
Monetary inflation helped bring on the Terror and set French progress back a generation.
Monetary inflation helped bring on the Terror and set French progress back a generation.
Hayek’s last proposal for monetary reform calls for privately issued, competing fiat currencies. It's debatable whether or not this is a good idea.
Bob shows how the movie "A Beautiful Mind" got game theory wrong.
Dr. Robert Murphy joins Jeff Deist to breakdown Rothbard's exposition of money in an Austrian framework.
Jeff Deist tackles the first Chapter of Man, Economy, and State. So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class.