Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.

No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.

Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real price of food. Of course, when that happens, Harris simply will blame capitalism.

Murphy lays out the various camps in the debate over Fractional Reserve Banking.

David Gordon takes another look at Thomas Nagel's Equality and Partiality. While he finds some of Nagel's arguments appealing, they still are inferior to Murray Rothbard's systematic interpretation of natural rights.

Are Austrian economists clinging to an old-fashioned view of banking? In short, no, and here is why.