Money and Banks

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.

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.

The literature on free banking has sharply altered its focus in the last two decades.

From The Review of Austrian Economics Vol. 9, No. 2 1996.

From The Review of Austrian Economics Vol. 2, 1988.

Decisively refuted by the facts of economic life, Marxism has been forced to retreat to the one place in the academy where empirical reality seems to carry no weight in an argument: the humanities departments.

Yuri Kuznetsov suggests a scenario by which fiat money comes about, a scenario which may be useful for understanding some events in recent Russian history.

From The Review of Austrian Economics Vol. 8, No. 2, 1995.

The Gold Standard: Perspectives in the Austrian School. Edited with an Introduction by Llewellyn H. Rockwell, Jr.

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