Monetary Theory

Displaying 81 - 90 of 950

Who's Afraid of the CPI!

Money and BanksCapital and Interest TheoryMonetary TheoryMoney and Banking


Everybody worries about inflation these days. It's chic. It's trendy. And it gives me a great comeback to the boss at raise time. "Congrats, Roberts, you're getting a 3% increase."

"Yeah, I just about keep up with inflation," I reply with that snippy look...

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Shedlock on Wages and Inflation

Money and BanksMonetary TheoryMoney and Banking


Mike Shedlock gives a rather Austrian-flavored explanation of inflation, noting that it is "best described as a net expansion of money supply and credit" through fractional reserve banking;...

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We're Fed Guessers not investors

Financial MarketsMonetary Theory


Here's a question for you. What's funnier: we buffoons who make up the cast of investors, brokers, kibitzers, commentators who produce the daily theatrical Sitcom called the US stock market, or Saturday Nite Live? I vote for us, if comedy is valued over drama.

Like this past...

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Role Playing Games and Money

Monetary TheoryMoney and Banking


I came across this old thread in the Austrian Economics forum, and I thought some of the older folks who read this blog (but not the forum) might be interested in this description of what happens in a "Massively Multiple Online...

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Rothbard's Bracing Plan for Gold

Gold StandardMonetary TheoryMoney and Banking


To answer a reader question, I revisited Rothbard's transition plan for 100% gold. This is cut and pasted from the Mystery of Banking (Richardson and Synder, 1983), pp. 265-267.

Even though, for the past few...

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Real Bills Raises its Ugly Head, Again and Again

Money and BanksMonetary TheoryMoney and Banking


"I know no time which is lost more thoroughly than that devoted to arguing on matters of fact with a disputant who has no facts, but only very strong convictions." So said, James E. Thorold Rogers, Six Centuries of Work and Wages, London 1901. In line with the above definition of...

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About the Chinese currency reform

Monetary Theory


So yesterday it finally happened:-the yuan was revalued , after years of pressure from particularly the U.S. government but also the EU and Japan. However the move was much smaller than expected, a mere 2.1%. This will hardly satisfy...

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Austrian Macroeconomics

Austrian Macroeconomics

Online Course
Taught by Dr. Joseph T. Salerno, this course builds upon the basic analytic principles of Austrian economics, including basic supply and demand analysis and the theories of entrepreneurship and factor pricing, to present the fundamentals of Austrian macroeconomics.

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Sound Money: A One Day High School and College Seminar

Money and BanksAustrian Economics OverviewMonetary TheoryMoney and Banking

April 10, 2015


Mises Institute

Join us at our Auburn, Alabama, campus or live online for a seminar covering money, where it comes from, what governments do to it, and where it's going in the future.

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Rothbard Graduate Seminar 2014

Taxes and SpendingMonetary TheoryPraxeologyValue and Exchange

June 8, 2014June 13, 2014


Auburn, Alabama

The purpose of the Rothbard Graduate Seminar is to provide an intense study of Misesian and Rothbardian economic analytics, along with the substantive conclusions of that research in related fields.

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