A Misesian Century
To say that we need a politically created monopoly to create money is to in principle abandon the whole case for the free market and concede the value of central planning.
To say that we need a politically created monopoly to create money is to in principle abandon the whole case for the free market and concede the value of central planning.
The scheme presented an implicit challenge to the much vaunted "independence" of the Fed.
Only Austrians can explain why massive central bank money printing hasn't resulted in higher prices.
Bernanke's recent drastically inflationary move is based on a fundamental misunderstanding of how wealth is created and can only make things worse.
The greatest threat to worldwide prosperity is the complete collapse of what little remains of free-market capitalism.
Mainstream economists opposed to broadly discretionary monetary policy favor rules to restrain central bankers, but can central banking be restrained?
Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon