Ludwig von Mises’s Monetary Theory in Light of Modern Monetary Thought

Ludwig von Mises’s contributions to the development of the technical methods and apparatus of monetary theory continue to be neglected today, despite the fact that Mises succeeded exactly eight decades ago, while barely out of his twenties, in a task that still admittedly defies the best efforts of the most eminent of modern monetary theorists, viz., integrating monetary and value theory.

Remember the Alamo! Moses Rose’s Last Stand

Ever since I can remember, there’s been a notable imbalance between the attention and credit given to the demand side of the economy compared to the supply side. I try to ensure that my students see the latter is just as important as the former.

Part of this effort is highlighting the risk taken in creating the supply and bringing it to market. Recent events near the Alamo have brought into sharp focus the lack of respect entrepreneurs and small businesses face.

Legislators Seek Repeal of Wisconsin’s Controversial Sales Tax on Gold and Silver

A large bipartisan contingent of Wisconsin legislators seek to end Wisconsin’s controversial practice of levying sales tax on purchases of gold and silver.

Senate Bill 33, primarily sponsored by Sen. Duey Strobel (R - Saukville) and Sen. Rachael Cabral-Guevara (R - Appleton), and cosponsored by Rep. Shae Sortwell, enjoys wide support – and would align Wisconsin with the policies of 42 other U.S. states.

Senate Bill 33 would exempt “precious metals bullion,” defined as coins, bars, rounds, and sheets that contain at least 35% gold, silver, copper, platinum, or palladium.