Topic: Sound Money

Three Comments on the Gold Standard

– December 12, 2011

The financial crisis in 2008, the uncertainty about the future of the Euro and the doubts on the efficiency of monetary policy has brought some renewed interest in the gold standard as an alternative monetary system; or, at least, as a benchmark to eva …

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The other Mises and his Monetary Plan for Reconstruction

– December 9, 2011

Unlike some of his followers, Ludwig von Mises invested considerable part of his life studying policy issues with a thorough knowledge of the economic conditions and statistics of his native Austria (he even had an estimate of the number of leading ent …

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Gold bugs and Paper bugs

– December 9, 2011

At Free Banking blog, Kurt Schuller points to Ralph Benko’s reply to Roubini’s statements that “this idea of a gold standard is pushed every other day by these gold bugs [and] is not even a theory it’s a theology,” and that the return to the Gold Stand …

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BusinessmanOnRope

Life, Liberty, and Property by Fiat

– November 22, 2011

This article, originally published at LewRockwell.com, is the text of a speech first delivered at the Edelweiss Holdings Symposium held in Zurich, Switzerland, on September 17, 2011.

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The Forgotten Cause of Sound Money

– October 30, 2011

The Henry Hazlitt Memorial Lecture, presented by David Stockman at the Austrian Scholars Conference. Recorded on 12 March 2011 at the Ludwig von Mises Institute in Auburn, Alabama.

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America’s Love/Hate Relationship with Sound Money

– October 28, 2011

Having been doing research for a paper on credit expansion and inflation in the U.S. in the 1790’s, I’ve been looking at mortgage documents from that era. Almost all of them feature what we might call a “sound money clause” i.e. they are explicitly payable in “gold or silver coin.”

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SmithOnTV

Sound Money: Fight For It!

– September 30, 2011

The world has seen gold soar in price for over a decade because people grew increasingly distrustful of the appointed money printers, especially the ones at the Federal Reserve.

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Utah Money Summit: sound money champions gather to promote reform

– September 26, 2011

With Utah’s civil society leading the way to defend our human right to choose our means of payment, it was only fitting that part of my introduction was devoted to the sound people who promote sound money. “The first speaker for this program made refer …

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Mirage or truth?: Economic Freedom going down but access to sound money improving

– September 21, 2011

Fraser Institute released its new index of economic freedom. The data shows that economic freedom in the world has been going down during the last two years of the study.  Yet, the scores for “access to sound money” are as high as ever.   I have yet to …

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CityOfMoney

When You Absolutely, Positively MUST Have Inflation

– September 19, 2011

Technically speaking, a policy of upholding or expanding the fiat-money stock in an environment where banks are no longer willing to extend credit and issue new fiat money appears to be technically possible. However, the Austrian School of economics points out that an economy’s production structure will be turned upside down once the hitherto relentless rise of fiat money…

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Antony Fisher seeking funds to promote sound money (from a 1985 letter)

– September 11, 2011

Early in the history of Atlas, Antony Fisher, its founder, was fundraising for a program to promote sound money.  In 1985, a few months before I arrived to Atlas, he wrote to a potential donor: “I have been offered $50,000 towards the cost of a publica …

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