William Graham Sumner: Monetary Theorist
Sumner was the product of an indigenous American hard-money tradition that embraced free markets, free trade, and sound banking
U.S. Economy
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The Subprime Crisis
This article offers an analysis of the causes of the subprime crisis, explaining that it is not an isolated incident and that we should concentrate our attention on the Fed’s monetary policy
Boom and Bust: The Political Economy of Economic Disorder
Adam Smith noted in 1776 that “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”
Austrian Perspective on Some Leading Jacksonian Monetary Theorists
The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their op
Matter of Degree, Not Principle: The Founding of the American Liberty League
On October 29, 1929, the roof fell in on the booming American economy.
The Political Economy of Monarchy and Democracy, and the Idea of a Natural Order
A government is a territorial monopolist of compulsion — an agency which may engage in continual, institutionalized property rights violations and
Coase and Demsetz on Private Property Rights
In his seminal work, “The Problem of Social Cost,” Coase held that in cases of private property right disputes involving what have been
Are There Grounds for Limiting Immigration?
Is there any “good” reason for a country such as the U.S.
Economics, Politics, and the Coming Collapse of the Elderly Welfare State
In this article James Rolph Edwards discusses the United States economic system and social security.
Volume 17, Number 1 (2003)
Book Review of Tariffs, Blockades, and Inflation: The Economics of the Civil War by Robert B. Ekelund, Jr. and Mark Thornton
In this article, Thomas J. DiLorenzo reviews Mark Thornton and Robert B.
