While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are claiming. In the end, the MMT promoters are telling a false history.
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Category Archive: 6b) Austrian Economics
Why Governments Burned Money
While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are claiming. In the end, the MMT promoters are telling a false history.
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The Complexity of Historical Narratives
Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.
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Tanenhaus and God at Buckley
The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.
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Tanenhaus and God at Buckley
The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.
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Jefferson Davis von Hayek?
While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.
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Jefferson Davis von Hayek?
While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.
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LA IMPORTANCIA DE UN MIX ENERGÉTICO EQUILIBRADO
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The Fed and our Stagnating Economy
This week we cover the Fed's latest policy meeting, the awful new jobs report, and rising debt levels
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The Fed Says It Is “Data-Driven.” But the Data Isn’t Any Good.
What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?
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Digitaler Euro 2025: „Eine App entscheidet bald, ob du zahlen, reisen oder leben darfst.“
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MISES Monatsmagazin. Die Beiträge im Juli 2025
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Mother O’ Mercy! Is This the End of the Cal Bullet Train?
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LA ECONOMÍA DE ESTADOS UNIDOS CRECE MÁS DE LO ESPERADO EN 2025
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Rothbard: The Constitution Was a <em>Coup d’État</em>
Rothbard took the American Revolution to be mainly libertarian in its inspiration, but he contends that the libertarian impulses of the Revolution were betrayed by a centralizing coup d’état.
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MMT Is Wrong about the History of the Origins of Money
Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.
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Yes, Virginia, There IS a Deep State—and It Is Worse than You Think
We like to think of the “deep state” as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
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Lincoln’s New Deal
Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal. From railroad subsidies to a national banking system, Lincoln paved the way to the Progressive Era and beyond.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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