Free-Banking and Financial Stability in Peru
The theory of free banking establishes that free competition in note issue decreases the probability of financial instability and currency depreciation.
The theory of free banking establishes that free competition in note issue decreases the probability of financial instability and currency depreciation.
This paper proceeds by explaining deflation and aggregate price determination in more detail. Then, some facts about the development of Japan, 1990–2001, are provided, together with an extensive interpretation
Austrian business cycle theory has a legitimate claim to being the most authoritative explanation of the recent global financial and economic crisis.
Was Percy Shelley, the great English Romantic poet, a socialist?
Perhaps the best way of writing an introduction for this most welcome French translation of Ethics of Liberty is to discuss what has happe
Professor Spengler’s, “Richard Cantiilon: Fist of the Modems,” published in 1954, remains the classic survey article of Cantillon
Hans F.
On college campuses across the country, there has been an escalating uproar concerning labor conditions in less economically developed regions of t
When I first received Milton Friedman’s letter in response to my article “Hayek’s Road to Serfdom” I did not realize it would lead to more.