Why the State Demands Control of Money
The question that arises for the state ruler is: How can I free myself of two effective constraints on my power: tax-resistance in the form of falling tax revenue and the need to borrow from and pay interest to banks? It is not too difficult to see what the ultimate solution to the ruler's problem is.
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The Origin of Markets and Money
There were firms and hierarchies before there were markets — and before there was money.
Econ Nobel: Here We Go Again
It's a bit odd for the economics profession right now to be celebrating two scientists for their work in helping policymakers steer the macroeconomy.
What Radicalism?
The protest movement is actively supportive of powerful interests that benefit from the status quo.
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Jeffrey Tucker: A summer of monetary fun
The banking system has delivered its class paper on: what I did on my summer vacation. ... More »
Mises Daily: Markets, Money, and Control
Why the State Demands Control of Money by Hans-Hermann Hoppe The question that arises for the state ruler is: How can I free myself of two effective constraints on my power: tax-resistance in the form of falling tax revenue a ... More »
Edward Peter Stringham: Does Government Cause Crime?
The most recent Economist has this figure representing homicide rates around the world.                       T ... More »
Douglas French: Commercial Bank Charter: Never Mind
In the heat of the 2008 financial meltdown, Goldman Sachs and Morgan Stanley figured being able to accept money from depositors that would be insured by the FDIC was a dandy idea after Lehman Brothers slid into the abyss. Not to mention, the other b ... More »
Jeffrey Tucker: Why Sweden Is Not a Wreck
The usual claim is that Sweden thrives because of a welfare state, but Nima Sanandaji argues in a new book in PDF form that the real reason has to do with a stable legal system, a homogenous culture wedded to the work ethic, and actual cuts in govern ... More »
Jeffrey Tucker: A plaque on the house of Mises's birth
It's been unveiled in Lviv, Ukraine! Many familiar faces in this video. Go to the end for the unveiling. ... More »
Jeffrey Tucker: Dental Spa?
Like everyone, I loathe going to the dentist. It's a universal thing, I suppose. They do great good for the world and clean teeth are of course essential. But, well, you know what I mean. No one wants to be in that chair surrounded by people who ... More »
Mises Daily: Real Radicalism
Where Google Gets Its Power by James E. Miller If you disagree with how Google runs its incredibly popular search engine, don't patronize it. There is no need for paternalistic bureaucrats to intervene in such a simple ma ... More »
Jeffrey Tucker: Tom Sargent on the Gold Standard
New Nobel Laureate in economics: Remember that under the gold standard, there was no law that restricted your debt-GDP ratio or deficit-GDP ratio. Feasibility and credit markets did the job. If a country wanted to be on the gold standard, it had to ... More »
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The Anticapitalists: Barbarians at the Gate Larry Sechrest Austrian Scholars Conference 2008 ( 3/21/2008 )
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