J B. Say and Today’s Fiat Paper Money Standard

What is money? What are the qualities of money? Is the note of rupee, that you hold in your hand daily, money? What is wrong with today’s fiat paper monetary system which is in the root of our problems of inflation, business cycles, government’s reckless spending and ballooning fiscal deficits, central bankers’ enabled nation state […]

Money and Banking workshop

Money and Banking workshop

Why Learn about Money and Banking? After demonetization exercise in the Indian economy many people are wondering about the working of the money and banking sectors of the Indian economy. The great Austrian School economist Prof. Ludwig von Mises said, “Whether we like it or not, it is a fact that economics cannot remain an […]