The Rise and Fall of Good Money: A Tale of the Market and the State
Once upon a time, the USA had sound, reliable money. Then, a small group of "really
How Fast Should the Money Supply Grow?
Some economists have suggested that inflation results when the money supply expands faster than the rate
Hans-Hermann Hoppe on For a New Liberty at 50
No one will read For a New Liberty and not see the world with very different eyes afterward. Original
How Should a Nation Determine Its Heroes?
Myths are crucial for nations to develop a sense of identity and civic pride. In many
Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets
Now would be a great time to stop pretending that the financial sector is "free market" or that price
The State Will Always Set the Rules in Its Favor
Remember Lady Justice, who wears a blindfold and holds the scales? She is a state creation,
The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank.
The Federal Reserve is no more "private" than the Environmental Protection Agency, and through its special
Concentrate Where the Murders Are Concentrated
One of the principles of good public policy is to focus efforts on understanding social problems
Do Correlations Help Define Money?
According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it
Is Economics a Dead Discipline?
Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins