Taking Money Back
This is reprinted with permission from The Freeman September and October 1995.
Money and Banks
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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,
End Game: Hyperinflation
Modern monetary systems operate on the ability to turn debt into money.
10. The Gold Standard in Theory and Myth
The mythology of gold really grew up with Keynes and the quantity theory. Here are six of those myths: the gold standard is unable to accommodate the needs of an growing economy; the quantity of money is arbitrarily determined; the gold standard is a government price fixing scheme; the gold standard subjects a country to alternating inflation and deflation; the gold standard requires high costs devoted to resources; and the gold standard results in high interest rates.
