Money and Banks

The debate over the Export-Import Bank continues, with the bank’s friends in Congress and other high places claiming that the Bank serves an

Using McDonals’s Big Mac as the standard, the US Dollar looks relative firm compared to some other currencies.

This article has a twofold purpose. Its first goal is to pay tribute to Friedrich von Hayek as an outstanding monetary theorist. Its second objective is to further elaborate, on the ground of Hayek’s main findings,

The article by Jörg Guido Hülsmann, “Free Banking and the Free Bankers,” is an important contribution to a proper understanding of free-banking systems. He is perfectly correct in blaming some advocates of free banking who support arguments which are irrelevant or wrong,

The essential reason that a 100-percent-reserve gold standard should be the ultimate goal of monetary reform is that is would secure the economic system against the evils both of inflation and of deflation-depression. 

The false-money debate of 1866 in the Journal des Economistes was the first time that uncompromising laissez-fair advocates clashed on the question of fiduciary media. 

Austrians have demonstrated that recessions—and depressions—are the inevitable result of central bank intervention in the economy. 

This paper discusses Ludwig von Mises's proposals for monetary reform. We will largely focus on technical aspects--the concrete practical steps he recommended

In this article it will be argued that collective corruption - which is the logical result of government interventionism in the field of money production 

The best parts of Rahn's book are those dealing with the enhancement of privacy in the digital age. These parts are realistic and encouraging.