Volume 8, No. 4 (Winter 2005) During the late nineteenth century, when silver agitation threatened the gold standard in the United States, gold bonds offered investors some protection from the uncertainties concerning the monetary standard in the United States. Gold bonds, therefore, sold at a premium relative to similar currency bonds. This
Volume 12, Number 4 (2009) This paper tracks the economic and political developments in the state of Kentucky that led up to the murder, trial, and execution constituting “The Kentucky Tragedy,” and to a second murder involving a son of the Governor of the state. In doing this, the paper ties the developments in money, banking, and the economy
Resumen : Este artículo examina la no emisión de certificados de bancos durante la Gran Depresión de los años treinta. En lugar de un fallo de mercado, se encuentra que esta no emisión fue el resultado de una intervención. En esa época, la emisión de certificados de la cámara de compensación para satisfacer temporalmente la necesidad de la
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.