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Volume 7, No. 2 (Summer 2004)

Walter Block On Yeager’s “Why Subjectivism?” Acrobat PDFWriter 3.02 for Windows

We are all familiar with the process of discounting the future. From the earliest courses in economics we are taught that money receivable right now is not the equivalent of money receivable one year hence; that money receivable one year from now is not equivalent to money which will fall in to our clutches after a period of two years. And not just because inflation may erode part of the value, or because of the risk of never seeing the money.

David Osterfeld VENTURA Adobe Acrobat 6.0 Paper Capture Plug-in

DT Armentano A Critique of Mainstream and Austrian Theories of Monopoly Adobe Acrobat 6.0 Paper Capture Plug-in

Israel M. Kirzner VENTURA Adobe Acrobat 6.0 Paper Capture Plug-in

administrator diskeynes4.doc Adobe Acrobat 6.0 Paper Capture Plug-in

This is an essay which takes as its jumping off point the free enterprise system. It then attempts to evaluate the contributions of four distinguished scholars to monetary theory in general, and to an evaluation of the gold standard in particular. I take for granted the general case for markets, competition, economic freedom. The four individuals mentioned in the title have been chosen because they are widely believed to be exemplars of this limited government, free market, political philosophy — and are also opponents of the gold standard.

Walter Block and Hans-Hermann Hoppe On Property and Exploitation Acrobat Distiller 4.05 for Windows