Volume 4, No. 3 (Fall 2001) Garrison brings analytical distinctions between Austrian, Keynesian, and monetarist monetary-economics into sharp relief. This alone makes Time and Money a highly attractive alternative to advanced undergraduate- and graduate-level macro texts, but it is the underlying conceptual acuity and explanatory insights in
Volume 9, No. 4 (Winter 2006) Austrians frequently lament the absence of an Austrian undergraduate money-macro curriculum, especially at the intermediate level. This is ironic in that a large body of work currently exists, both from “the masters” and more recent researchers that provides the essential theoretical underpinnings and historical
During the past decade a significant change has occurred in the kinds of questions explored by monetary economists. Heretofore, one of the central issues concerned the “rules versus discretion” debate of a central bank empowered monopolistically to supply base money. However, with the publication of studies by Klein (1974), Thompson (1974), and
Volume 15, No. 3 (Fall 2012) An adaptive systems approach is used to compare a free banking system and a central banking regime with respect to their respective capacities to use and generate relevant knowledge. Monetary equilibrium, as a byproduct of a free banking system, has also been proposed as a norm for central bank policy. Differences in
Volume 17, No. 3 (Fall 2014) Brendan Brown Palgrave MacMillan, 2014, 262 pages. It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. The 3rd edition of Euro Crash brings up to date the policies of the European Central Bank (ECB) and European Monetary Union (EMU) and
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.