Measures of the U.S. money stock in current use are flawed precisely because they are not based on an explicit and coherent theoretical conception of the essential nature of money.
"There is one good thing about Marx: he was not a Keynesian. I recently asked Yuri Maltsev, former Soviet economist, why is it that things seem to have fallen apart so rapidly in the Soviet Union in the last twenty years. He said in the last twenty years, the leaders of the Soviet Union have relaxed the money supply and have used inflation to solve short-term problems. That spelled doom for the system."
Hutt’s Critique of Keynes –
Two Reviews of the Keynesian Episode, reviewed by John B. Egger
A.E.A. Session reviewed by Mark Manasco
Stockholm School of Economics: An Annotated Bibliography by Richard M. Ebeling
Interview with Ludwig Lachmann
Subjectivism Conference Held in Birmingham, England
Lange’s Theory of Socialism after Forty Years
Rutgers Conference on Inflation by Tyler Cowen
Proceedings of NYU Conference Published
NYU Update
Charles Baird discusses the impact of Government regulation on entrepreneurial discovery.
