BankNotes Archive – June 2020
BankNotes Articles from June 2020
AUSTRIAN ECONOMICS + WHOLE LIFE = IBC – AN INTERVIEW WITH NELSON NASH
The following interview appeared in the December 2011 edition of the Lara-Murphy-Report. R. Nelson Nash was born in Greensboro, GA in 1931, and married Mary Edwards Williams in 1952. Nash received a BS Degree in Forestry from the University of Georgia in 1952, and spent 30 years with the Army … Read more
Read MoreDid Jesus Despise Money?
“Jesus Christ regarded money as ‘filthy lucre’ and the root of all evil!” pronounced a student at one of my campus lectures a few months ago. That’s not an uncommon view but it’s also manifestly erroneous—completely and utterly false. The student was responding to my lecture titled “Was Jesus a … Read more
Read MoreThe Chicago School versus the Austrian School
Robert P. Murphy Listen to the Audio Mises Wire version of this article. People often ask me, “How are the Austrians different from the Chicago School economists? Aren’t you all free market guys who oppose big-government Keynesians?” In the present article I’ll outline some of the main differences. Although it’s true that Austrians agree … Read more
Read MoreThe Problem with Measuring “Happiness”
Arkadiusz Sieroń Humanity has been asking what is happiness and how to achieve it since the dawn of time, but still without a definitive resolution. The divergence of views on this subject is enormous, although it may be a good thing, because each individual can pursue happiness in their own … Read more
Read MoreNegative Interest Rates: Rewarding Profligacy
L. Dwayne Barney Paul A. Cleveland Listen to the Audio Mises Wire version of this article. Presently there are trillions of dollars of bonds throughout the world with negative interest rates. This is an unprecedented turn of events, and one that has many nonprofessional investors confused. Savers are understandably puzzled as to how it … Read more
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