Austrian Economics Overview
Displaying 1601 - 1610 of 1955
The Austrian Theory of Subjective Value: A Philosopher’s View
Recorded at the Mises Institute on 15 June 2005.
The Best Book on Money Ever Written
What's the best book on money ever written? That's an easy one: What Has Government Done to Our Money? by Murray N. Rothbard. The Mises Institute is bringing out a new edition, and uniting it with Rothbard's radical blueprint for monetary reform. You can help.
10. The Gold Standard in Theory and Myth
The mythology of gold really grew up with Keynes and the quantity theory. Here are six of those myths: the gold standard is unable to accommodate the needs of an growing economy; the quantity of money is arbitrarily determined; the gold standard is a government price fixing scheme; the gold standard subjects a country to alternating inflation and deflation; the gold standard requires high costs devoted to resources; and the gold standard results in high interest rates.
