The events taking place in the financial market offer an illustration of the soundness of the Austrian theory of money, banking, and credit cycles, and Mises.org, which has long warned of precisely the scenario playing itself out today, is your source not only for analysis of these events but also the economic theory that helps explain what is happening and what to do about it. There are many thousands of articles available, and also the full text of thousands of books as well as journal articles.
It is impossible to draw attention to the full range of literature one can use to understand the crisis. However, below we offer a brief look into the topics most discussed in these times, with extended treatments of each in the sidebar. Mises.org also offers both a blog and a community forum for reading and discussing them all.
It’s never been more important to spread a sound view of money and banking, not only as a protection against the fallacies of “stabilization” and “reflation” but also as way to see what kind of reforms are essential now.
Fannie Mae and Freddie Mac
- Freddie Mac: A Mercantilist Enterprise, by Paul Cleveland, March 14, 2005
- Fannie Mae: Another New Deal Monstrosity, by Karen De Coster, July 2, 2007
- How Fannie and Freddie Made Me a Grumpy Economist, by Christopher Westley, July 21, 2008
- Who Made the Fannie and Freddie Threat? By Frank Shostak, March 5, 2004
- Are Fannie and Freddie Too Big to Fail? By Frank Shostak, September 17, 2008
- Fannie Mae Distorts Markets, by Robert Blumen, June 17, 2002
The Housing Bubble
- The Housing Bubble in Four Easy Steps, by Mark Thornton, September 27, 2008
- The Economics of Housing Bubbles, by Mark Thornton, June 6, 2006
- The Real Cost of a Full Bailout, by Don Rich, August 22, 2008
- The Subprime Mortgage “Crisis” Will Fix Itself, by Steve Berger, May 30, 2007
- Did the Fed Cause the Housing Bubble? By Robert Murphy, April 14, 2008
- The Mortgage Market Mess, by Christopher Westley, May 17, 2007
- Housing Bubble: Myth or Reality? By Frank Shostak, March 4, 2003
Inflationary Finance
- Confidence Is Leaving the Fiat Money System, by Thorsten Polleit, October 10, 2008
- What’s Behind the Financial Market Crisis? by Antony Mueller, September 18, 2008
- Our Financial House of Cards, by George Reisman, March 25, 2008
- Will Central Bankers Become Central Planners? by Robert Blumen, July 31, 2008
- Inflation is a Policy that Cannot Last, by Thorsten Polleit, March 14, 2008
- The Widening Safety Net, by Christopher Mayer, March 19, 2004
- The Fed’s New Tricks Are Creating Disaster, Frank Shostak, March 18, 2008
- The Fed’s War on the Middle Class, by Mark Thornton, June 4, 2008.
- The Cultural and Spiritual Legacy of Fiat Inflation, by Jorg Guido Hulsmann, July 28, 2008.
- Stones into Bread, by Ludwig von Mises.
- Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005
Community Reinvestment Act
- The CRA Scam and its Defenders, by Thomas DiLorenzo, April 30, 2008
- Regulatory Sneak Attack, by Thomas DiLorenzo, September 16, 1999
Short Selling
- The SEC Short Sells Us Down the River, by Art Carden and Robert Murphy, October 9, 2008
- Short-Sale Restrictions Are an Exercise in Naked Power, by Robert Murphy, August 11, 2008
- The Social Function of Futures Markets, by Robert Murphy, November 29, 2006
- Don’t Sell Short Selling Short, by Gary Galles, April 6, 2007
The Austrian Theory of the Business Cycle
- Financial Crisis and Recession, by Jesus Huerta de Soto, October 6, 2008
- The Idiocy of Wall Street, by Don Rich, September 24, 2008
- The Fed is Culpable, by Hans F. Sennholz, November 11, 2002
- Skyscrapers and Business Cycles, by Mark Thornton, August 23, 2008
- Economic Outlook 2008: Darkening Clouds, Dominick Armentano, January 2, 2008
- Business Cycle Primer, Llewellyn H. Rockwell, Jr. February 8, 2001
- Economic Depressions: Their Cause and Cure, by Murray Rothbard
Who Predicted This?
- The Financial Apocalyptics are Back, Robert Blumen, July 25, 2007
- Sowing the Seeds of the Next Crisis, Thorsten Polleit, April 25, 2006
- Credit Crisis: Precursor of Great Inflation, by Thorsten Polleit, February 7, 2008
- Mr. Bailout, by Anton Mueller, September 30, 2004
- America’s Unsustainable Boom, by Stefan Karlsson, November 8, 2004
- Who Predicted the Bubble? Who Predicted the Crash? By Mark Thornton, July 14, 2003
What To Do
- The Rescue Package Will Delay Recovery, September 29, 2008
- Don’t Bail Them Out, by Llewellyn H. Rockwell, Jr., September 10, 2008
- How to Avoid Another Depression, by Mark Thornton, September 10, 2008
- Taking Money Back, By Murray N. Rothbard, June 14, 2008
- Beware the Alchemists, by Ludwig von Mises, February 3, 2006
- Reflation in American History, by H.A. Scott Trask, October 31, 2003
- Money and Freedom, by Joseph Salerno, February 2, 2002
- The Case for a Genuine Gold Dollar, by Murray Rothbard
- Interview with Frank Shostak, September 30, 2008
- The Myth that Laissez-Faire is Responsible for the Economic Crisis, George Reisman, October 23, 2008
Books to Distribute
- The Theory of Money and Credit, by Ludwig von Mises
- America’s Great Depression, by Murray Rothbard
- The Mystery of Banking, by Murray Rothbard
- Prices and Production, by F.A. Hayek
- Causes of the Economic Crisis, by Ludwig von Mises
- Austrian Theory of the Trade Cycle and Other Essays, by Ludwig von Mises, et al.
- Understanding the Dollar Crisis, by Percy Greaves
- The Case Against the Fed, by Murray Rothbard
- Money, Bank Credit, and Economic Cycles, by Jesus Huerta de Soto
- History of American Currency, by William Graham Sumner
- Banking and the Business Cycle, by C.A. Phillips
- The Roosevelt Myth, by John T. Flynn
- Fiat Money Inflation in France, by Andrew Dickson White
