3.2. On Bills of Exchanges and their Nature
Bills of Exchange are a type of contract that can reduce the expense associated with transporting money.
Recent Podcast Episodes
3.7. Further Explanations and Enquiries as to the Utility of a National Bank
National Banks are of little utility and can be the source of economic chaos.
1.7. The Labor of the Plowman is of Less Value than that of the Artisan
Skilled workers must be paid higher wages than unskilled workers.
1.12. All Classes and Individuals in a State Subsist or Grow Rich at the Expense of the Property Owners
Cantillon develops a circular-flow model of the economy that shows the distribution of farm production between property owners, farmers, and workers.
1.17. Metals and Money, and especially of Gold and Silver
Gold and silver hold many advantages over other goods, such as durability, divisibility, transportability, and homogeneity
How Skyscrapers Can Indicate Economic Contraction
Interviewed by Mo Dawoud of the Wall St for Main St podcast, Mark Thornton explains his prediction of the housing bubble in 2004.
Claudio Grass: Will the Swiss Vote for Gold?
Jeff Deist and Claudio Grass discuss this Sunday’s historic Swiss gold referendum vote from his insider’s perspective.
What A Divided Berlin Still Teaches Us Today
Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get, writes Hans Hop
Diversity in Goals Brings Diversity in Value
Every person has different goals for himself, which means everyone will value differently the means to attain those ends.
Stalemate, Crisis, and the Triumph of the Modern State
One hundred years ago, the combatants of World War One fought themselves to a standstill.
Obamacare’s Jonathan Gruber and the Superhero Oath
Economists can use their knowledge for both good and evil, and for those in government, such knowledge is often used to deceive and make government
State Monopolies Aren’t What They Used to Be
States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state.
Chris Casey: The Austrian Investor
Jeff Deist addresses the topic of Austrian investing with Chris Casey, Managing Director of WindRock Wealth Management.
The Cultural and Political Consequences of Fiat Money
Our global system of fiat moneys favors spenders and borrowers over savers.
Middle-of-the-Road Policy: Lessons from Argentina and Venezuela
Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism.
The State of the US Economy
Interviewed by Emil Franzi and Bruce Ash on AM 1030 KVOI in Tuscon, Mark Thornton offers an Austrian perspective on several issues such as Obamacar
Nobel Winner Jean Tirole’s Faulty Views on Monopoly
Economics Nobel Prize winner Jean Tirole still clings to the old neoclassical model "perfect competition" and monopoly, writes Frank Shostak.
