Mises Institute
Understanding Money Mechanics – Robert P. Murphy
The Understanding Money Mechanics series by Robert P. Murphy, is a comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Full free book (HTML & PDF) available at Mises Institute: Understanding Money Mechanics
The Austrian Theory of the Business Cycle – Mises Institute
Speaker Jonathan Newman: Structure of production, time preference and interest, sustainable growth, unsustainable growth, overconsumption and malinvestment. .
What Has Government Done to Our Money? – Audiobook
Murray Rothbard’s 4-part audio version of “What Has Government Done to Our Money?“ from the Mises Institute.
Inflation IS Money Supply Growth, Not Prices Denominated in Money – Mises Institute
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