Weekend Reading: Ludwig von Mises on "The Principle of Sound Money"

Friday, April 09, 2010

Enjoying a few days in sunny Hungary I prepare for cold weekend weather. Nothing could be more heart-warming than this excerpt from Austrian economist Ludwig von Mises' "The Theory of Money and Credit" on the virtues of a gold standard while one watches the foreseeable destruction of the unbacked Euro only 11 years after its inception. Hat tip goes to Mises.org.
Click to jump to this timeless piece which is a fantastic short primer on the gold standard.

Fantastic Free Online Resource for Classical Economic Texts and Books
In case you are running out of economic reading matter I recommend the McMaster University's Archive for the History of Economic Thought which is a free online resource containing all important classical economic texts and books ranging from Aristotle to Arthur Young.


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