Money and Banking

The essential reason that a 100-percent-reserve gold standard should be the ultimate goal of monetary reform is that is would secure the economic system against the evils both of inflation and of deflation-depression. 

Monetary competition, a result of the abolition of legal tender, would seriously curtail the politization of the euro. But is it possible to completely separate the euro from politics without returning 

Austrians have demonstrated that recessions—and depressions—are the inevitable result of central bank intervention in the economy. 

Austrian monetary inflation theory claims that changes in the money supply are disproportionately distributed throughout an economy, and as a result wealth inequality is exacerbated. 

Austrian business cycle theory has been criticized on the basis of “rational expectations.” That is, reasonably high quality entrepreneurs—which are required for economic growth

In “Government Regulation and Intergenerational Justice,” Rolf Sartorius argues that some government regulation is justified in order t

Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co

Volume 11, Number 1 (Winter/Spring 1990)

Professor Karl Socher of the University of Innsbruck, Austria discusses Austrian Economics in

Volume 6, Number 4 (Spring 1987)

Joseph T. Salerno discusses measuring the money supply of the U.S. economy.

Volume 3, Number 3 (Summer 1982)

John B. Egger and Leland B. Yeager review William H.