Few economic subjects are more tangled, more confused than money. Wrangles abound over “tight money” vs. “easy money,” over the roles of the Federal Reserve System and the Treasury, over various versions of the gold standard, etc.
Should the government pump money into the economy or siphon it out? Which branch of the government? Should it encourage credit or restrain it? Should it return to the gold standard? If so, at what rate?
Read more in the article “What Has Goverment Done to Our Money?” by MURRAY N. ROTHBARD, Ludwig Von Mises Institute.
http://mises.org/books/whathasgovernmentdone.pdf
Om forfatteren: MSc Political Economy (Norwegian School of Management, NO/Université Libre de Bruxelles/Solvay Business School, BE)
BA in Economics (University of Oslo, NO) No related posts.