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Mises Daily: Friday, January 20, 2012

“Mises on Money and Banking” by Robert P. Murphy

By exploring the Misesian framework of money and banking, you will walk away with a much deeper understanding of his theory of economic fluctuations. The typical objection that "we had business cycles before the Fed, so the Austrians are obviously wrong" will seem quite ludicrous after studying Mises’s classic work.

“Soak the Poor” by Frank Chodorov

Populists didn’t think their income-tax gadget would ever be used to “soak the poor.”

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