Money and Banks
Central Banks Are Destroying Our Economies
Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction.
Judy Shelton’s Lasting Legacies
While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money.
Lending without Saving Brings Recession and Poverty
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Lending without Saving Brings Recession and Poverty
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back
On this day ninety-one years ago President Franklin D. Roosevelt via executive order seized gold legally held by Americans, criminalizing the use of sound money. Our economy and our nation has never recovered from this act.
An Austrian Critique of the New MMT Documentary
Murphy gives a comprehensive critique of Stephanie Kelton's new Modern Monetary Theory documentary, covering the flaws in its theory, history, and policy recommendations
Nebraska Ends Income Taxes on Gold and Silver, Declares CBDC’s Are Not Lawful Money
With Gov. Jim Pillen’s recent signature, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver.
Man, Economy, and Financial Markets
Do Austrian theories also apply to financial markets?