Kerry Thornley: Alms for the Aged!
Opponents of Social Security and Medicare are often unthinkingly accused of cruelty to old people.
Monetary Theory
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Frank Meyer on the Communist Bogey-Man
Frank S. Meyer is by far the most intelligent, as well as the most libertarian-inclined, of the National Review stable of editors and staff.
The Economics of Slavery
Confining our attention to large scale slavery, we find that it is historically quite a rare phenomenon.
Labor Unionism, Two Views
If there was anything that characterized the Old Left it was adulation of labor unions and of the process by which the government has created, main
Mercantilism Never Went Away
The debate over the Export-Import Bank continues, with the bank’s friends in Congress and other high places claiming that the Bank serves an
Understanding Argentina’s Coming Default
The problem is that Argentina had decided to once again prefer deficits and unrestrained government spending to paying its obligations.
Rothbard on Money: A Critical Textual Exegesis
In 1998 I presented a paper which argued that no theory of money was possible—in the sense of there being a stable relationship between a few explanatory variables.
Review of Ludwig von Mises als Pionier der modernen Geld und Konjunkturtheorie by Carsten Pallas
The present work is a doctoral dissertation written at the University of Hamburg. It deals with Mises’s work on monetary economics and business cycle theory.
New Keynesian Monetary Views: A Comment
The fundamental question we have to confront in the theory of monetary policy is therefore not whether money affects the real economy—yes it does, both in the short run and in the long run
The Term Structure of Savings, the Yield Curve, and Maturity Mismatching
Recognizing different types of savings allows for a more fruitful analysis of the business cycle. Sustainable investment activities must be financed by an equivalent amount of savings, both in length of availability and quantity.
