Inflation as a Tool of the Radical Left

“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch its currency….Lenin was certainly right. There is no subtler, no surer way …

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The Economics of Destutt de Tracy

Antoine Louis Claude Destutt de Tracy (1754–1836), a French philosopher and economist, is worthy of attention as a contributor to French liberal thought in the tradition of Condillac. Tracy’s deductive …

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Hayek’s Plan for Private Money

Hayek’s last proposal for monetary reform calls for privately issued, competing fiat currencies. It’s debatable whether or not this is a good idea. This Audio Mises Wire is generously sponsored …

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