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Mises wrote this book for the ages, and it remains the most spirited, thorough, and scientifically rigorous treatise on money to ever appear. It made his reputation across Europe and established him as the most important economist of his age. We think this Mises Institute edition is the most beautiful, by far, of any edition … Read more
Defining Inflation According to Murray Rothbard and Ludwig von Mises, inflation is defined as the increase of the money supply out of “thin air.” Following this definition, one can ascertain that increases in money supply set economic impoverishment in motion by creating an exchange of nothing for something, the so-called counterfeit effect. Contrary to popular thinking, inflation … Read more
“While Mises and Rothbard differed on whether inflation should include or exclude new gold inflows, they both agreed that inflation is not an increase in prices but rather an increase in the supply of money and credit.” Source: Taking Back the Meaning of “Inflation”
by Saifedean Ammous
by Satoshi Nakamoto
by Andreas M. Antonopoulos
