Sound Economics in a Confused World
If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.
Monetary Policy
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Understanding Money Mechanics
This book provides the intelligent layperson with a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Although the author considers himself an Austrian school...
End the Fed! How Ron Paul Made Monetary Policy an Issue
"When there's an issue and there's a problem to solve, we solve it through markets. We solve it through liberty."
Critiquing an MMT TED Talk
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT).
Joe Salerno versus Paul Krugman on Austrian Business Cycle Theory
Using a recent Paul Krugman column as the jumping off point, the Mises Institute Academic Vice President Joe Salerno explains and defends Austrian business cycle theory.
Review: Monetary Policy after the Great Recession: The Role of Interest Rates
Nikolay Gertchev reviews Arkadiusz Sieron's effort to investigate the failure of expansionary monetary policy to address the challenges of the 2008–09 Great Recession.
Rebutting Paul Krugman on the “Austrian” Pandemic
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.
Rebutting Paul Krugman on the “Austrian” Pandemic
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.
Why Rothbard Trended on Twitter This Weekend
On Friday, Twitter CEO Jack Dorsey tweeted a link to Rothbard's essay "Anatomy of the State."
Scott Sumner on Why the Bernanke Fed Was Too Tight
Scott Sumner explains why interest rates and even monetary aggregates are not good indicators of the stance of monetary policy, whereas NGDP growth is much better.
