Dehomogenizing Mises’s Monetary Theory

07/30/2014 Journal of Libertarian Studies Nikolay Gertchev

Downloads

18_3_4.pdf

This article contains two parts that correspond to the two main fields of monetary theory. The first part examines the evolution of Mises’s analysis of the value of money, and the second part investigates developments in his banking theory.

Volume 18, Number 3 (2004)

CITE THIS ARTICLE

Gertchev, Nikolay. “Dehomogenizing Mises’s Monetary Theory.” Journal of Libertarian Studies 18, No. 3 (2004): 57–90.

Subscribe to Journal of Libertarian Studies

Latest Articles

What Is Consent?

11/08/2024 Friday Philosophy David Gordon

James Buchanan and Gordon Tullock’s The Calculus of Consent—published over sixty years ago in 1962—has been one of the most influential books that apply economic ideas to politics. The authors were by...

Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”

11/08/2024 Mises Wire Jane L. Johnson

Seemingly defying logic and common sense, many fashionistas vie to pay $12,000 (and even up to as much as $100,000 for versions made of exotic skins such as snake or alligator), for a women’s leather...

Why Trump Routed the DC Establishment, Again

11/07/2024 Mises Wire James Bovard

After the media complained nonstop for months about Donald Trump offering a dark message on the presidential campaign trail, a New York Times headline bewailed his election victory on Wednesday...

National Elections Expose the Sham that Is Centralized “Democracy”

11/07/2024 Mises Wire Ryan McMaken

The 2024 election is over, and in some states, big majorities voted for the winner Donald Trump. In Wyoming, Trump won 72 percent of the vote. In fact, more than 60 percent of the voting population...

The Limits to Public Opinion and the Failure of Democracy

11/07/2024 Mises Wire Finn Andreen

It is not often admitted, but it is nevertheless the case, that the people can be never successfully represented politically. However, public opinion influences politics, at times even strongly. In...

Meet the Writer

Nikolay Gertchev

Nikolay Gertchev holds a Ph.D. in economics from the University of Paris 2 Panthéon-Assas and currently lives in Belgium...

Review: Monetary Policy after the Great Recession: The Role of Interest Rates

09/22/2021 Quarterly Journal of Austrian Economics Nikolay Gertchev

Monetary Policy after the Great Recession: The Role of Interest Rates Arkadiusz Sieron New York: Routledge, 2020, xviii + 230 pp. Nikolay Gertchev (ngertchev@gmail.com) holds a PhD in economics from...

The Illusions of Inflation Targeting, with an Application to Ukraine

09/10/2021 Quarterly Journal of Austrian Economics Nikolay Gertchev

Abstract: This article reviews the analytical justification, the theoretical content, and the practical experience of inflation targeting, which has become the standard framework for monetary policy...

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member