History of Economic Thought

Monday, June 25th, 2012
by [A lecture delivered at the Gold and Monetary Conference, New Orleans, November 10, 1977. It made its first appearance in print in the Journal of Libertarian Studies, Volume 3, Number 1.]
Tuesday, June 19th, 2012

The Murray N. Rothbard Memorial Lecture. Recorded 9 March 2012 at the Ludwig von Mises Institute in Auburn, Alabama. Includes an introduction by Joseph T. Salerno.

Tuesday, June 12th, 2012

It is not enough to encourage enterprise and limit regulation—we need a fixed system of value.

By James Grant

Friday, June 1st, 2012

"...nor am I a doctor. But here is a critique of a school of economic thought, along with an appendectomy!"

Wednesday, May 9th, 2012

The Mont Pelerin Society

Friedrich A. Hayek Fellowships

for the


(Prague, Czech Republic – September 2–7, 2012)

Tuesday, March 27th, 2012

Expectations are a key concept in economics. If expectations are coordinated, then the economy is equilibrated and no accumulation of imbalances take place.

Monday, March 5th, 2012

"Bears are animals. Animals have four legs. Chairs have four legs. Therefore, chairs love honey." What's wrong with this logic? Don't ask opponents of the Classical Gold Standard...

Wednesday, February 1st, 2012

Has the current crisis destroyed the market's "property memory systems"?

by Leonard Liggio
Wednesday, December 28th, 2011
A few days ago, Paul Krugman defended the position that "Friedrich Hayek is not an important figure in the history of macroeconomics." This triggered quite a few reactions (
Wednesday, December 28th, 2011

Observations on the Discussions Concerning Free Banking

Friday, December 9th, 2011
Unlike some of his followers, Ludwig von Mises invested considerable par
Tuesday, November 29th, 2011
Marjorie Grice-Hutchinson, studying Spanish literature, stumbled into the monetary writings of the authors of the School of Salamanca; she shared those writings with F.A.
Monday, November 21st, 2011
From our friends over at Coordination Problem:
Monday, November 7th, 2011
In a previous post we commented on some aspects that are relevant for business cycles in the context of open economies.
Sunday, October 30th, 2011
In symposiums written "in honor of" some distinguished writer, the individual contributors too often go off on tangents of their own, and develop points of view that may be irrelevant or even alien to the writer they are supposed to honor.
Sunday, October 16th, 2011
“There could be no more effective check against the abuse of money by the government than if people were free to refuse any money they distrusted and to prefer money in which they had confidence.
Tuesday, June 21st, 2011
In the argument between proponents of fractional reserve and 100% reserve banking, it often comes down to a moral argument with the Full Reservers usually charging that fractional reserve banking (FRB) is inherently fraudulent because it is placing two full, separate claims on the same item, i.e.
Tuesday, June 14th, 2011
In the early seventeenth century, Juan de Mariana wrote a great treatise on money.