"It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of rights." -The Theory of Money and Credit
- 09.01.17, Emile Woolf
Regulatory extortion and legitimising corruption
News media gloat over the eye-watering levels of retribution (in the form of fines and penalties) finally being meted out to aberrant banks found guilty of having violated securities laws leading up to the last financial crash....
- 13.12.16, Patrick Barron
The Chimera of Mandating Health and Safety
Federal regulation of health and safety is based upon several illogical premises. Unfortunately these premises are never discussed. Instead we are bombarded with scare stories that business intends to make its profits with no consideration to th...
- Murray N. Rothbard
The Spooner-Tucker Doctrine:
An Economist's View (2006)
- Gottfried von Haberler
Inflation and its causes & cures
Inflation - a serious economic problem (1960)
IT IS COMMONPLACE to say that inflation poses one of the most serious economic problems of our time. Many people are outraged by the social injustices which it implies. Many are alarmed by the realization that, although temporarily stimulating, it causes.