Years before the English currency school made it famous, Americans were arguing for one hundred percent reserves, and some wanted banking abolished outright.
Read More »
Category Archive: 6b) Austrian Economics
Chapter IV. Proposals for National Monetary Expansion
Before the Federal Reserve, before the greenback, American writers were already designing a managed national paper currency, and arguing it could be more stable than gold.
Read More »
Read More »
Chapter III. State Proposals and Actions for Monetary Expansion
Four western states answered the shortage of money by printing their own, and watched it depreciate in their hands.
Read More »
Read More »
Chapter II. Direct Relief of Debtors
They borrowed when prices were high and had to repay when prices were low. Should the legislature rescue them, or would rescue only deepen the ruin?
Read More »
Read More »
Chapter I. The Panic and Its Genesis: Fluctuations in American Business, 1815–21
A wartime boom, a flood of bank paper, a speculative rush for western land, and then the reckoning.
Read More »
Read More »
Preface
America's first great depression arrived without a villain: no embargo, no war, no single blundering minister to blame. It seemed to rise out of the economy itself.
Read More »
Read More »
The Philosophical Contradictions of Democratic Socialism
Democratic socialists claim they can painlessly transform the US economy into one where no one has debt, housing and medical care is free, and the state meets everyone's needs. Their ideas are internally incoherent.
Read More »
Read More »
The High Cost of the Automated Flock-Camera Surveillance State
The future of Flock cameras: left the house during a pandemic lockdown? Expect a summons in the mail. Exceeding your "carbon footprint" by driving too much? Expect a ticket in the mail.
Read More »
Read More »
Get Your Free September Rothbard Giveaway, Economic Depressions: Their Cause and Cure
To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our September offering, Economic Depressions: Their Cause and Cure, before September 30.
Read More »
Read More »
The Ethical Foundations of the Just War Doctrine
Can fighting a war ever be just? Murray Rothbard dealt with that question and, of course, had some definitive answers.
Read More »
Read More »
The Argentine peso hits a new all-time low against the US dollar
It is now down 99.67% over the past 13 years. In 2013, one peso was worth 20 cents, and now it is worth less than one cent.
Read More »
Read More »
Credit Out of “Thin Air” Brings Wealth Destruction
Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy.
Read More »
Read More »
Rothbard’s Forgotten Critique of the Inflation Premium
While mainstream economists add an “inflation premium” to interest rates, Murray Rothbard looked at the complete picture, knowing that the real rate of interest dealt with many factors within the structure of production.
Read More »
Read More »
The High Cost of the Automated Flock-Camera Surveillance State
The future of Flock cameras: left the house during a pandemic lockdown? Expect a summons in the mail. Exceeding your "carbon footprint" by driving too much? Expect a ticket in the mail.
Read More »
Read More »
Credit Out of “Thin Air” Brings Wealth Destruction
Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy.
Read More »
Read More »
The Fallacy of Stable Prices
The Federal Reserve’s fixation with “stable prices” has led to an unstable economy for the past century.
Read More »
Read More »
Trump Censorship Machine Loses Again in Court
The Trump administration’s crackdown on students protesting against Israel has once again run into the law, this time in the form of a federal court ruling against the government.
Read More »
Read More »
The Fallacy of Stable Prices
The Federal Reserve’s fixation with “stable prices” has led to an unstable economy for the past century.
Read More »
Read More »
Trump Censorship Machine Loses Again in Court
The Trump administration’s crackdown on students protesting against Israel has once again run into the law, this time in the form of a federal court ruling against the government.
Read More »
Read More »
On Swiss National Bank
-
SNB Sight Deposits: is stable 0.0 billion francs compared to the previous week
-
Household wealth in 2025
-
Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
-
Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
-
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
Main SNB Background Info
Featured and recent
-
Kryptokurse am Nachmittag
-
Die Performance der Kryptowährungen in KW 41: Das hat sich bei Bitcoin, Ether & Co. getan -
Bitcoin: Wie gefährlich werden Quantencomputer für die Blockchain? -
Kryptokurse am Sonntagmittag
-
Week Ahead: Firm US CPI and Unresolved European Challenges Despite Deal with Beijing may Drive Markets -
Swiss train maker Stadler secures CHF300m Saudi contract -
Swiss luxury group Richemont sheds jobs at watchmaker Montblanc -
‘Switzerland has spoken’. Will UBS leave? -
Swiss food giant Nestlé doubles Mexico investment to $2bn -
Swiss industrial company Sika acquires British firm Azpects