Austrians and Inflation
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Posted in Intro to Austrian Economics, Media, Video on 1 March 2011
Stats: 120 views and No Comments Professor Steven Horwitz presents causes and consequences of inflation from the perspective of the Austrian school of economics. This lecture was delivered to students attending the 2010 Introduction to Austrian Economics summer seminar in Atlanta, GA.
The Gold Standard
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Posted in 101, Economics on 6 July 2009
Stats: 323 views and No Comments The gold standard is a monetary arrangement whereby the currency in circulation is equivalent to a fixed value of gold. The gold standard was replaced by fiat currency, whereby the government or central bank is ultimately responsible for the value of the money. Until 1971, the U.S. dollar was fixed to the ...


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