This week, Bob walks through two related debates: Hoppe’s criticism of Argentina's President Milei for not immediately closing Argentina’s central bank, and the follow-up exchange between Guido Hülsmann and Philipp Bagus over dollarization and the peso.
Modern economists attempt to define money by correlating it with economic activity. As Austrian economists know, money is defined by its function as a medium of exchange.
By making paper money legal tender, the government shut the door on sound money. Repealing legal tender laws is the first step back to liberty.
Dr. Hülsmann offers his concluding thoughts on his debate with Philipp Bagus regarding the monetary consequences of closing the central bank of Argentina.
In finance, memories are short. The mortgage industry makes out with 50-year paper, the consumer, not so much.
Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
Is silver “manipulated,” or are fundamentals doing the work? Mark Thornton sifts the evidence and finds a simpler story.
If stablecoins continue to expand, the architecture of monetary control will inevitably change.
The “greedflation” commentators are at it again, claiming that corporate profits are driving inflation. That is a logical impossibility.
New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian Studies. Here is a sampling of recently published articles.
