Volume 5, No. 1 (Spring 2002) George Selgin and Lawrence White have sought to tie their modern free banking school to the views of Ludwig von Mises . Whatever the validity of their own views on the gold standard and fractional-reserve free banking, their assessments of Mises’s positions on these issues are dubious. Mises felt
Volume 6, No. 4 (Winter 2003) It seems odd that economists would find the idea of falling prices to be a bad thing. Likewise, it is peculiar that policymakers would fear deflation and be willing to take drastic measures to insure the so-called “defeat” of deflation. Policymakers and politicians, after all, would supposedly want the general
Volume 6, No. 4 (Winter 2003) This three-volume collection, edited by William Rees-Mogg and published in 2002 by Pickering and Chatto presents, in more than 949 pages, essays and excerpts from books written by 19 of the most remarkable monetary theorists from the sixteenth century to the present. Sir Rees-Mogg’s selection begins with
Volume 8, No. 3 (Fall 2005) Throughout much of modern history, gold served as the commodity that most widely facilitated free exchange. While its virtues as a medium-of-exchange were clear to people of previous eras, gold has fallen out of favor, both in its use as money and in the esteem in which it was once held among academics. It used to
Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 29–64 ABSTRACT : One hundred percent reserve banking is an essential foundation and prerequisite for a country to establish long-term financial stability and sustained economic growth. It is also an essential element for a country contemplating the adoption of a stable gold standard
The Origin of the Prolonged Economic Stagnation in Contemporary Japan: The Factitious Deflation and Meltdown of the Japanese Firm as an Entity by Masayuki Otaki Oxfordshire, UK: Routledge, 2016 x + 136 pp. Abstract: While Otaki has seen what the Japanese economic disease is, he has failed to understand what fundamentally causes it. Somehow,
The Bitcoin Standard: The Decentralized Alternative to Central Banking Saifedean Ammous Hoboken, N.J.: John Wiley and Sons, 2018 xviii + 286 pp. Abstract: Treating bitcoin from the point of view of Austrian economics, Saifedean Ammous’ The Bitcoin Standard relates bitcoin to the theory of the market economy as a whole. Bitcoin is not necessarily
El patrón Bitcoin: La alternativa descentralizada a los bancos centrales Saifedean Ammous Hoboken, N.J.: John Wiley e Hijos, 2018 xviii + 286 págs. Resumen: Tratando el bitcoin desde el punto de vista de la economía austriaca, el ‘Patrón Bitcoin de Saifedean Ammous’ relaciona el bitcoin con la teoría de la economía de mercado en su conjunto. El
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.