On the Optimum Quantity of Money

نویسنده

  • WALTER BLOCK
چکیده

WALTER BLOCK is the Harold E. Wirth Endowed Chair in Economics at Loyola University New Orleans.The authors wish to thank two referees of this journal for their comments on an earlier version of this paper. 1One referee commented, “What the authors [that is, us] fail to realize is that Mises’s and Rothbard’s hostility to the increase in the quantity of money was directed at its increase by the government.” This, indeed, might well have been the intention of Mises and Rothbard. However, as we attempt to demonstrate below, these two justly renowned economists did not always limit themselves to this concept, but rather exceeded it. ON THE OPTIMUM QUANTITY OF MONEY

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تاریخ انتشار 2004