Money and Banks

"The Rothbardians level an objection, saying the free bankers are ignoring an important real-world consideration; then Woolsey assumes away the problem and declares that he has met the Rothbardian objection."

Contrast Austrian Welfare Economics with alternative approaches including Pareto Optimality and Kaldor-Hicks. Recorded at Mises Universi

Compares and contrasts the principles and performance of alternative international monetary systems, including the classical gold standard, the gol

Advanced lecture on the origins of fiat money systems, explaining the transition from commodity money to commercial bank notes and deposits, and fr

Advanced lecture on monetary mechanisms in a growing economy, stressing the central role of debt, and discussing alternative ways to deal with infl

Recorded at Mises University 2010. Includes an introduction by Mark Thornton. 

Recorded at Mises University 2010. Includes an introduction by Mark Thornton. 

The horror of starvation no longer terrifies men living in a capitalist society.

If banks and other credit institutions are multiplied, and if credit operations are facilitated by public security, good administration of law, etc., less money is needed.

Instead of addressing the Depression though the proven expedient of private-bank-issued scrip, the Roosevelt administration's plan involved suspension of the gold standard, followed by devaluation and the abrogation of the gold clause, cartelization of the banks of the country, the National Recovery Act, the Wagner Act, the alphabet-soup agencies, Social Security, and the beginning of an ever-expanding government.