Congress is hardly a great steward of financial power, but there are benefits to wrestling control of the money supply away from the Fed and returning it to Congress.
Hunter Hastings outlines how technology can help empower entrepreneurship and usher in a new age of individualism.
This paper analyzes a recently reconstructed proto-chapter of Rothbard’s Man, Economy, and State tentatively titled “Chapter 5: Producer’s Activity.” In it, Rothbard used many concepts of standard neoclassical microeconomic analysis that he would later criticize, such as perfectly competitive markets and the isolated firm.
The aftermath of the recent recession has brought renewed skepticism to EMH, even leading some to redefine it as the “inefficient” market hypothesis. We demonstrate that such a course of action is misguided.
Ludwig von Mises writes on how Carl Menger foresaw the destruction of Europe due to its rejection of capitalism and classical liberalism.
In this excerpt from his brilliant Mises: The Last Knight of Liberalism, Guido Hülsmann illustrates how Carl Menger's experience as a financial journalist led to his developing the revolutionary foundations of the Austrian school of economics.
New technologies, such as the blockchain technology behind digital currencies like bitcoin, may in the future facilitate the convenient use of precious metals as money once again.
