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What organization promote sound money? I'm especially interested in organizations running advertising campaigns. Here's my current list: Campaign for Liberty Cobden Centre Constitutional Tender Foundation for the Advancement of Monetary Education Gold Standard 2012 Gold Standard Solution InflationData...
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Central bankers often remark that Central Banks were formed due to inumerable bank panics before their formation, when a free banking system reigned. I am sure this is an incorrect account of history, but I do not have the time to do my research. So, maybe someone can tell me if this is a true account...
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Is there a problem with having somewhat similar conclusions? Keynes' theory, after all, is pretty much just a special case of Austrian theory. One where all the variables line up just right for his high level of aggregation to be useful. That never occurs in real life, of course, but then again,...
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A free banking system with no government, FDIC or central bank intervention would be a vast improvement over what we have now here in the U.S. Modern banking did evolve from fraud in my opinion, but this is not to say that it is without benefit or that it currently remains fraudulent. As a funny, yet...
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Are there any works by these economists that explain why fractional-reserve free banking wouldn't cause business cycles? I recall Hayek accepting that it would cause business cycles, but that this was a price worth paying for the economic benefits; is this the general view?