When will we realize that only a genuine gold standard can bring us the virtues of both systems and a great deal more: free markets, absence of inflation, and exchange rates that are fixed not arbitrarily by government but as units of weights of a precious market commodity, gold?
The Ludwig von Mises Institute's premier conference was held in Washington, D.C., on November 16–17, 1983. "The Gold Standard: An Austrian Perspective" was the first event of its kind. Not only was it the first academic conference ever held in the United States on the gold standard, but it took place on Capitol Hill.
From a practical point of view, the supply of money is very different from the supply of any other good. An increase in other goods, like shoes or meat, is a welcome event, but an increase in the supply of money dilutes the purchasing power of each money unit.
Human cooperation means that everybody tries to contribute to the improvement of human conditions. It is in the market that I give something in order that you give something. Exchange leads to higher standards of living. Voluntary exchanges create civilization.
“Bankers are inherently inclined toward statism.” A century of American foreign policy, told through the men who financed it.
America's first great depression came with no obvious culprit and forced a generation to invent the arguments we are still having about money, debt
Rothbard's 1962 case that the dollar is a weight of gold, not a name, and that fractional-reserve banking is not merely unstable but fraudulent.
Mises University is the world’s leading instructional program in the Austrian school of economics.
Mises University is the world’s leading instructional program in the Austrian school of economics.
Mises University is the world’s leading instructional program in the Austrian school of economics.
