Free Market
Author:
Antony P. Mueller
Online Publish Date:
The Free Market 26, no. 5 (May 2005) T he Austrian economists—Mises, Rothbard, and Hayek most prominently—were not alone in predicting the baneful effects of central banking and paper money. More than 25 years ago, former US central bank chairman Arthur Burns (who was also Murray Rothbard’s faculty adviser until he took a position at the Fed)