Money and Banks

Murray Rothbard, in this classic essay originally published in 1991, offers the most "pure" proposal of all: private mintage, 100 percent reserve banking, circulating coins, full convertibility.

Many commentators say that there is more than enough savings to support future growth. But Frank Shostak says there is a problem with this view.

The more you think about the incoherent Bush Social Security plan, writes Bob Murphy, the more you realize what a hoax it is.

The Austrian economists—Mises, Rothbard, and Hayek most prominently—were not alone in predicting the baneful effects of central banking and paper money.

I have always been puzzled by the exact mechanisms through which the government keeps us from using gold as money, and my recent inquiries on a pri

Presented as part of the Mises Institute’s Brown Bag Seminar series on April 21, 2005 in Auburn, Alabama.

The withholding tax, writes Laurence Vance, makes it possible for the government to silently steal the wealth from its citizens with little or no outrage about the loss.

A reader of the Mises film page sends in an upcoming film that may be of interest.

Lee Wishing filled out his tax forms this year and discovered something unexpected. Thanks to four little tax credits between the ages of 5 and 9, he will be receiving a check from you and me.

When pro-inflation economists try to argue that inflation does not merely have redistributive effects, but can actually increase total production o