Money supply and velocity
Mainstream view of what velocity is According to popular thinking the idea of velocity is straightforward. It is held that over any interval of…
Read MoreMainstream view of what velocity is According to popular thinking the idea of velocity is straightforward. It is held that over any interval of…
Read MoreWe know that today’s macroeconomists are very confused about inflation, if only because despite all experience they think they can print money and increase…
Read More[Editor’s Note: this lengthy piece, by Richard Ebeling, primarily based on the “lost papers” of Ludwig von Mises that he and his wife, Anna, discovered…
Read More[Editor’s Note: this lengthy piece, by Richard Ebeling, primarily based on the “lost papers” of Ludwig von Mises that he and his wife, Anna, discovered…
Read MoreIt took me until my 43rd year to read The Selfish Gene, written in 1976 by Richard Dawkins. In many respects, it is a testament…
Read More“The goods and services traded on the semi-secretive website Silk Road since February 2011 with the virtual currency Bitcoins were so varied that the…
Read MoreLots of people talk about “The” Quantity Theory of Money and “The” Equation-of-Exchange. The terms have a familiar feel to them, they’re part of…
Read MoreThis excerpt from Omnipotent Government by Ludwig von Mises was recently featured at Mises.org. The gold standard was an international standard. It safeguarded the…
Read MoreThe crypto-currency Bitcoin is still merely a speck on the global monetary landscape. It is young, experimental, and for all we know, it may…
Read MoreThe following is a transcript of the “Adam Smith Lecture” I gave at a private gathering in London on 19 February. For a long…
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