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- Search found 4 items for:
- Jörg Guido Hülsmann
- 2003
Mises Daily
Author:
Jörg Guido Hülsmann
Online Publish Date:
The prospect of deflation haunts the political and economic establishment in our western democracies. Their fears are understandable, at any rate from an economic point of view. Consider the following three basic propositions of monetary economics: According to the first proposition, both the quantity of money and the price level are irrelevant
Mises Daily
Author:
Jörg Guido Hülsmann
Online Publish Date:
This is the opening lecture to the Mises University , delivered August 3, 2003 What is Austrian Economics? A few years ago, at the University of Paris, I gave a course with the title “Introduction to Austrian Economics.” It turned out that some of the students who signed up for the course believed it was meant to deal with business conditions in
Mises Daily
Author:
Jörg Guido Hülsmann
Online Publish Date:
The fundamental issue in banking and monetary policy is whether government can improve the monetary institutions of the unhampered market. All government intervention in this field boils down to schemes that increase the quantity of money beyond what it otherwise would be. The libertarian case for the abolishment of government intervention in