Yuri Kuznetsov

Articles

07/20/2005 Review of Austrian Economics Yuri Kuznetsov

Hans-Hermann Hoppe, in his excellent article “How Is Fiat Money Possible? — or, The Devolution of Money and Credit, explained that fiat money can come into existence through the progressive...

Fiat Money as an Administrative Good

04/28/2010 Mises Daily Yuri Kuznetsov

Imagine a community with a barter economy where a group of men are permitted to impose a great deal of violence on their fellow citizens. Let’s call this group the state. The state prints paper tickets denominated in numbers and passes them out to the population.

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