The introduction of copper coinage in England

The introduction of copper coinage in England

How did copper coinage arrive in English pockets to complement silver and what can we learn from its introduction?

Mohur, rupee, dam: Indian trimetallism

Mohur, rupee, dam: Indian trimetallism

In this essay, we examine the ‘trimetallic’ initiative operated in India during the early Mughal period.

Divergence of Austrian from Mengerian tradition

Divergence of Austrian from Mengerian tradition

In this essay, we examine the differences in methodology between Menger and his so-called academic descendants.

The ‘owner’ and ‘worker’

The ‘owner’ and ‘worker’

How would companies of people form under true, free exchange? What is a ‘job’ under free exchange?

Cost and price

Cost and price

How should we look at the cost of making money? This note aims to expand on this.

The birth of the central bank currency swap

The birth of the central bank currency swap

Currency swaps (and all kinds of swaps) are considered as a ‘standard’ tool in trading and asset management under the fiat hegemon. But how exactly did the first central bank currency swap arise?

Stretching time-space

Stretching time-space

How expensive will a 'cheap' bushel of wheat become when there's no one willing to farm wheat for 'money?'

The 'yield curve' - a Mengerian approach

The 'yield curve' - a Mengerian approach

Leaving aside the perversion of 'monetary fiat' and 'fiat obligations,' or 'bonds,' what determines the structure of the 'yield curve?'

Silver coin and grain; first part

Silver coin and grain; first part

How do we find the 'grain mass,' from which silver coins such as the rupee or dollar, are demarcated?

Profit and loss

Profit and loss

Is 'profit and loss' the best frame for general exchange? This note is the beginning of an examination of that assumption.