Money and Banking

I have always been puzzled by the exact mechanisms through which the government keeps us from using gold as money, and my recent inquiries on a pri

Recorded at the 2005 Austrian Scholars Conference, Mises Institute, Auburn, Alabama.

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005

Inflation is a giant rip off, a stealth tax stealing purchasing power. Money is not neutral. The first receivers of new money benefit. Savers and those on fixed incomes struggle. From 1857 until the war was a period of “free banking” where the fed had nothing to do with the banks and the states had little control over them. High economic growth and prosperity prevailed.

Part of the Brown Bag Seminar series. Recorded at the Mises Institute in Auburn, Alabama, on 10 February 2005.

Current monetary policy, writes Frank Shostak, is based on a theory of Knut Wicksell. How does Wicksell stack up to Mises?

The dollar may not die anytime soon but its capacity for lording it over all living things is ending.

There are some bright spots in the American economy, but look beneath the surface. Stefan Karlsson warns that the downside of bad policy may have been merely postponed. 

To be an Austrian has become oddly fashionable in recent days, observes Sean Corrigan, judging from the number of news reports thus describing commentators on economic and financial affairs.