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
Money and Banks
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The “True” Money Supply: A Measure of the Supply of the Medium of Exchange in the U.S. Economy
Volume 6, Number 4 (Spring 1987)
Joseph T. Salerno discusses measuring the money supply of the U.S. economy.
The Other Side of the Coin: Free Banking in Chile [Full Edition of Vol. 10, No. 2]
Volume 10, Number 2
Murray N. Rothbard discusses the downsides to free banking, as evidenced by 19th century Chile.
The Trouble with Prosperity: An Interview with James Grant
Volume 16, Number 4 (Winter 1996)
The Vocation of Economics: An Interview with Timothy Terrell
Volume 23, Number 1 (Spring 2003)
Hutt’s Critique of Keynes: Two Reviews of The Keynesian Episode [Full Edition of Vol. 3, No. 3]
Volume 3, Number 3 (Summer 1982)
John B. Egger and Leland B. Yeager review William H.
The Costs of Public Income Redistribution and Private Charity
Most academic participants in the ongoing debate over income redistribution are aware that it is not possible, ever, for government to tax one set
Toward a Libertarian Theory of Blackmail
In this article, Professor Walter Block discusses the legalities of black mail as well as the Libertarian perspective.
Dehomogenizing Mises’s Monetary Theory
This article contains two parts that correspond to the two main fields of monetary theory.
Money is the Product of Virtue: Tensions in Rand’s Invocation of Market Success
Casual acquaintance with Ayn Rand’s ideas often involves the assumption that Rand would approve of Oliver Stone’s character Gordon Gekko (of “greed
