Money and Banks
Only the Austrians Understand Interest Rates
Recorded at The Mises Circle in Manhattan, on May 22nd, 2010.
Inflated: How Money and Debt Built the American Dream
Recorded at The Mises Circle in Manhattan, on May 22nd, 2010.
Malinvestment, Not Overinvestment, Causes Booms
The whole entrepreneurial class is in the position of a master builder whose task it is to erect a building out of a limited supply of building mat
Have We Crossed the Point of No Return?
It is likely that with the bailout of Greece we have already passed this point of no return.
Austrian Paper Money: 1700 and Following
A government which interferes with banking exposes itself to great danger of error, and such errors cost it popular confidence sooner than any others.
The Nature of Interest
Men are always forced to choose between satisfaction in nearer and remoter periods of the future.
Money-Supply Metrics, the Austrian Take
"The essence of 'immediate convertibility' is the difference between what Austrians call a claim transaction or warehouse receipt, like a demand deposit, and a credit transaction, like a time deposit."
What is Sound Money?
Sound money even sounds heavier than unsound money. Gold and silver originated on the market and reigned as the preferred money because the metals were easily portable, homogeneous, highly divisible, highly durable, and naturally scarce. Paper has none of those attributes.
The Phenomenon of Interest
Interest is a homogeneous phenomenon. There are no different sources of interest.