Recapitalizing the Banks but Decapitating the Economy
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Money and Banks
Displaying 1901 - 1910 of 2798
The Fed, Gold, and Troubled Times
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Friday Night Lights(out): Bank Failures in Slow Motion
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Money: Sound and Unsound
Ludwig von Mises said that there can never be too much of a good theory. Salerno proves it in this sweeping and nearly comprehensive book on applied Austrian monetary theory. He uses the Mises/Rothbard theory of money to reinterpret historical...
The Business Cycle Explained in 1755
Richard Cantillon saw the essence of the business-cycle problem long ago. When the government's national bank inflates the money supply by increasing the supply of banknotes, he writes, it reduces the rate of interest and can increase the price of stocks. This is a corrupt process.
The Michael Sproul Doctrine
The Wikipedia entry on the real-bills doctrine advances the controversial proposition that banks can increase the quantity of money without diminishing the purchasing power of each unit. I will refer to it as the Sproul doctrine.
The Curse of Fiat Money
The only chance to prevent the exchange value of fiat money from collapsing altogether is a return to sound money — a way that would start by reanchoring fiat monies to gold, as outlined most prominently by Mises, Rothbard, and Sennholz.
Sir Thomas Smith: Mercantilist for Sound Money
Rothbard shows that Gresham’s law was introduced not by Sir Thomas Gresham but by the “arrogant, boorish, and feisty” Sir Thomas
Is Our Money Based on Debt?
This is the sense in which our fiat-money, fractional-reserve system uses "debt-based money."
