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- Search found 8 items for:
- Monetary Theory
- Money and Banking
- 2005
Mises Daily
Author:
Frank Shostak
Online Publish Date:
It is widely accepted that by means of suitable monetary policies the US central bank can navigate the economy towards a growth path of economic stability and prosperity. The key ingredient in achieving this is price stability. Most experts are of the view that what prevents the attainment of price stability are the fluctuations of the federal
Mises Daily
Author:
Frank Shostak
Online Publish Date:
Following Ben Bernanke, the chairman of the Council of Economic Advisers, in his testimony to the Congress on July 20,2005, Fed Chairman Alan Greenspan said that it is quite likely that we are currently experiencing a global savings glut. Agreeing with Bernanke, the Fed chairman views this glut as one of the factors behind the so-called interest
Mises Wire
Author:
Sean Corrigan
Online Publish Date:
“I know no time which is lost more thoroughly than that devoted to arguing on matters of fact with a disputant who has no facts, but only very strong convictions.” So said, James E. Thorold Rogers, Six Centuries of Work and Wages, London 1901. In line with the above definition of futility, I shall not spend time re-refuting all the false lines of
Articles of Interest
Author:
Murray N. Rothbard
Online Publish Date:
The Austrian theory of money virtually begins and ends with Ludwig von Mises’s monumental Theory of Money and Credit , published in 1912. Mises’s fundamental accomplishment was to take the theory of marginal utility, built up by Austrian economists and other marginalists as the explanation for consumer demand and market price, and apply it to the
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
In a previous article , I argued that Bush’s original proposal to reform Social Security—in which up to one-third of a worker’s (and his employer’s) “contributions” would be channeled into the stock market, but no one’s current benefits would be cut and other taxes would not be raised—would not increase investment or lower interest rates one iota,
Mises Daily
Author:
Mises Institute
Online Publish Date:
What’s the best book on money ever written? That’s an easy one: What Has Government Done to Our Money ? by Murray N. Rothbard. If you have read it, you are nodding your head in agreement right now. If you haven’t, you will find that it will open new vistas of understanding, not just on the topic of money but on the whole of political economy. The
Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
Publication history: Leland Yeager (ed.), In Search of a Monetary Constitution. Cambridge, MA: Harvard University Press, 1962, pp. 94-136. Reprinted as The Case For a 100 Percent Gold Dollar . Washington, DC: Libertarian Review Press, 1974, and Auburn, Ala: Mises Institute, 1991, 2005. © Mises Institute, 2005. Preface | Text | PDF | Published