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The Silver Phoenix Rises From the Ashes of the American Revolution May 13, 2009
Its 1773 and you are invited to attend a secret meeting of the Sons of Liberty at the Green Dragon Tavern to plan a Tea Party. While there, you will learn what a dollar really is. What kind of money was in the pockets of colonists and patriots to pay for their grog as they quietly discussed revolution? What did the founding fathers mean when they used the w […]
The Silver Phoenix is Rising Again April 17, 2009
Is silver money? No, but it is a ISO certified currency under ISO 4217. Silver has historically been used as money more than any other item. And now the Silver Phoenix is starting to rise again. Silver has been the little guys way to accumulate and protect wealth through out history. […]

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Bad Monetary Policy Is Redundant September 3, 2010
The Austrian theory of the trade cycle explains why the Fed's below-market interest rates invariably lead to a correction known as the bust. The theory is not new. Why has it been so out of favor with most economists? […]
George F. Smith
The Milgram Experiment September 3, 2010
If the learner made an error, the teacher would administer an electric shock to the learner by remote control, pressing a button on a control console. Each electric shock administered would be stronger than the one before. […]
Jeff Riggenbach
If a Pure Market Economy Is So Good, Why Doesn't It Exist? September 3, 2010
By eliminating the analytical straightjacket imposed by neoclassical economics, economists could have a lot more to offer about how to improve the world. They would start thinking about changing preferences, not just incentives. […]
Edward Stringham
Sir Thomas Smith: Mercantilist for Sound Money September 2, 2010
Rothbard shows that Gresham's law was introduced not by Sir Thomas Gresham but by the "arrogant, boorish, and feisty" Sir Thomas Smith the Elder (1513–1577), a bitter critic of debasement who was exiled from the court in 1549. He fought back with a book. […]
Murray N. Rothbard