All Posts Tagged With: "Gresham’s Law"

Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775–1821

Most people suppose, without having thought much about it, that money must be provided by government. That belief comes in for a sound thrashing in University of Georgia professor George Selgin’s book Good Money, which tells the story of Britain’s experience with private coinage during the Industrial Revolution. Selgin’s research shows that the government had [...]

24Feb2010 | George C. Leef | 2 comments | Continued

Bad Policy Drives Out Good

All public policies are related. Okay, that may be a slight overstatement, but there’s a point here. A politician’s credibility on one public issue—and even the disposition of that issue—will often be determined by his or her position on other issues. People will look at a politician’s full program as a way of judging good [...]

1Dec2007 | Sheldon Richman | 0 comments | Continued

Nock on Education

The self-proclaimed “philosophical anarchist” Albert Jay Nock thought he was so superfluous to the society around him that he titled his 1943 autobiography Memoirs of a Superfluous Man. He felt utterly out of step with the twentieth century. Born in 1870, he witnessed the severe societal changes resulting from world wars, revolutions in ideology, and [...]

1Jan2000 | Wendy McElroy | 2 comments | Continued

To Each His Due

Tom Bethell is the author of The Noblest Triumph: Property and Prosperity Through the Ages (St. Martin’s Press, 1998), from which this article is excerpted with permission of the author. Copyright © Tom Bethell. We lead lives that are so immersed in private property that we easily take its benefits for granted. Some everyday situations [...]

1Mar1999 | Tom Bethell | 0 comments | Continued

Abolish Legal Tender

Alex Moseley teaches economics at the University of Evansville’s British campus at Harlaxton Manor. An advertisement in an English newspaper offers a one-million-dollar bill for sale—at the remarkably reduced price of £29.95 (about $50.00). However, this great deal comes with the words “Not Legal Tender.” Thereby the advertisement unwittingly presents the essential problem of national [...]

1Feb1999 | D. Alexander Moseley | 3 comments | Continued

The U.S. Presidents and the Money Issue

Greg Kaza is a Michigan state representative. He has taught economics and history at Northwood University, where he served as an adjunct professor. This year marks the 100th anniversary of the most important presidential campaign ever to revolve around an issue largely ignored in contemporary politics—monetary policy. The Republicans, with William McKinley as their candidate, [...]

1Apr1996 | Greg Kaza | 1 comment | Continued

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