Money and Banks
Displaying 2001 - 2010 of 2795
Productive Debt versus Unproductive Debt
Washington should be lowering taxes and the costs of hiring employees, especially in industries that produce capital and wealth.
Aristotle on Private Property and Money
Although Aristotle, in the Greek tradition, scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in
The Specific Value of Money
The task of the theory of money consists merely in dealing with that component in the valuation of money which is conditioned by its function as a
Money, Banking and the Current Mess
Money originates by free markets via barter and gold and silver, not by governments via fiat. A story of Halloween candy demonstrates this. The double coincidence of wants is solved by money. Money that will last will be six things: generally marketable, divisible, high value per unit weight (portable), durable, recognizable, and homogeneous.
On the Origins of Money
Written in the same year that he testified before the Currency Commission in Austria-Hungary, and published in English in 1892, Carl Menger explains that it is not government edicts that create money but instead the marketplace. Individuals...
The Culture of Debt and Despair
Recorded at the Mises Circle in Newport Beach, California, on November 14th, 2009. Sponsored by Louis E. Carabini.
The Notion of Neutral Money
The notion of a neutral money is no less contradictory than that of a money of stable purchasing power.
The Case for Hoarding
Most people would admit to hoarding money only with a tinge of guilt, because to be a hoarder carries with it the suggestion of being a miser—a Scrooge. And yet, every participant in an economy based on indirect exchange holds some amount of money and can be said to be hoarding it; that is, declining to spend it. Hoarding is a strategy for achieving personal goals or for dealing with economic uncertainty.
Commercial-Real-Estate Crush: The Next Crisis Not to Be Wasted?
In light of the recent multitude of chances for the population at large to be gently introduced to the shenanigans of our Federal Reserve System, I have hope that the lights may come on for enough people before it is too late.
