Money and Banking

David Beito did a great service for the scholarship of liberty and American history with his rediscovery of the Great Depression-era tax resistance

The essential reason that a 100-percent-reserve gold standard should be the ultimate goal of monetary reform is that is would secure the economic system against the evils both of inflation and of deflation-depression. 

Austrian business cycle theory has been criticized on the basis of “rational expectations.” That is, reasonably high quality entrepreneurs—which are required for economic growth

In this article, Samuel Bostaph reviews Thomas E.

Free banking is a process where the market makes the ultimate judgment on where to draw the line between money as a present good and money as a future good.

This paper provides an empirical investigation of the role of monetary policy in the determination of interest rates and consumption as developed by capital-based macroeconomics

Volume 11, Number 1 (Winter/Spring 1990)

Professor Karl Socher of the University of Innsbruck, Austria discusses Austrian Economics in

The State applies itself to loading everybody’s brain with prejudices, and everybody’s heart with sentiments favorable to the spirit of anarchy, war, and hatred;

Ludwig von Mises (1981; 1998) is generally and properly credited by contemporary Austrians with having reintegrated monetary theory with general economic theory from which it had been severed by the neoclassical quantity theory.

Volume 3, Number 3 (Summer 1982)

John B. Egger and Leland B. Yeager review William H.