Bankruptcy as an Economic Intervention
Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co
Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co
The inflation which seems to have become endemic to much of the world, along with the perception that the prime culprits are the monopolistic issue
Professor Spengler refers to Richard Cantillon as the first of the modems. Professor Tarascio presents him from a current perspective.
Murray N. Rothbard discusses the downsides to free banking, as evidenced by 19th century Chile.
John B. Egger and Leland B. Yeager review William H.
Joseph T. Salerno discusses measuring the money supply of the U.S. economy.
This article contains two parts that correspond to the two main fields of monetary theory.
Casual acquaintance with Ayn Rand’s ideas often involves the assumption that Rand would approve of Oliver Stone’s character Gordon Gekko (of “greed