Money and Banks
3. Minimum Wage
Minimum wage laws are not only counterproductive, but they make situations worse. All voluntary mutual trade benefits all. Minimum wages and union legislation make it difficult if not impossible for poor youth to get jobs.
Is the Euro Forever?
Leaders of European Union member states have been reeling from the double rejection of the proposed European Constitution by two of the six founding members, writes Grant Nülle.
Ludwig von Mises’s Monetary Theory in Light of Modern Monetary Thought
In re-evaluating the main elements of Mises's monetary theory, one thing especially stands out. Mises took great pains to establish his theory of money on the bedrock of value and price theory.
Taking Money Back
This is reprinted with permission from The Freeman September and October 1995.
The Gold Standard: A Critique of Friedman, Mundell, Hayek, and Greenspan
This is an essay which takes as its jumping off point the free enterprise system.
How is Fiat Money Possible? or, The Devolution of Money and Credit
From The Review of Austrian Economics Vol. 7, No. 2, 1994.
Deflation: When Austrians Become Interventionists
This paper examines what Austrian economists think about deflation and offers a critique of their views. This seems to be of particular importance because Austrians differ in their opinions about deflation,