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“Money and Monetary Policy for the Twenty-first Century”
This essay challenges the conventional wisdom about money and monetary policy. The role of money in fostering prosperity is a function of the quality, as well as the quantity, of money. Inflation always harms the performance of an economy. Deflations caused by productivity and innovation can be virtuous. A definition of a non-inflationary environment is […]
READ MORETwo Philosophies of Money
Two Philosophies of Money: The Conflict of Trust and Authority S. Herbert Frankel New York: St. Martin’s Press/Basil Blackwell, 1977.
READ MOREThe Rationale of Central Banking and the Free Banking Alternative
“In the present century centralised banking systems have come to be regarded as the usual concomitant, if not one of the conditions of the attainment of an advanced stage of economic development. The belief in the desirability of central bank organisation is universal. Recently also there have been attempts to widen the unit of control […]
READ MOREA History of American Currency
A History of American Currency William Graham Sumner New York: Henry Holt and Company, 1884. Via Liberty Fund
READ MOREGold: The Protector and Creator of Jobs
Gold: The Protector and Creator of Jobs For Sound Money Hugo Salinas Price
READ MORE“On the Measurement of Zimbabwe’s Hyperinflation”
“On the Measurement of Zimbabwe’s Hyperinflation” Steve Hanke and Alex Kwok Cato Journal, Vol. 29, No. 2 (Spring-Summer, 2009).
READ MOREMoney, Bank Credit and Economic Cycles
“The economic analysis of juridical institutions has come to the fore in recent years and promises to become one of the most fruitful spheres of economics. Much of the work completed thus far has been strongly influenced by traditional neoclassical assumptions, namely by the concept of strict maximization in contexts of equilibrium. Still, economic analyses […]
READ MOREWhat You Should Know About Inflation
What You Should Know About Inflation Henry Hazlitt Excerpt provided by the Ludwig von Mises Institute Complete text found here.
READ MORETheory of Money and Credit
Theory of Money and Credit Ludwig von Mises Copyright 1981 by Liberty Fund Inc. Via the Library of Economics and Liberty
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