Rep. Ron Paul sponsored this Congressional lecture on "What is Money?", part one of a three part series on the basic principles of money for Congressional staff. As a continuing educational tool this lecture was filmed and is provided to the public. Joseph T. Salerno, Ph.D., delivered the lecture. He is academic vice president of the Mises Institute, professor of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.
Office of Congressman Ron Paul Money Lecture Series -- "What is Money?" with Joseph T. Salerno
The lecture was delivered by Edwin Vieira, Jr., J.D., Ph.D, the author of the definitive work on Constitutional money, Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution. Dr. Vieira's lecture explores the development of the American monetary system from colonial times through the creation of the Federal Reserve System, explaining the constitutional underpinnings of our money and the erosion of that legal framework over 200+ years of monetary history. He also explains his plan to return to sound money, outlining the grim ramifications of continuing on a fiat money standard.
"What is Constitutional Money?" with Edwin Vieira -- Ron Paul Money Lecture Series, Pt 2/3
The lecture was delivered by Peter Schiff, CEO of Euro Pacific Capital and author of Crash Proof: How to Profit From the Coming Economic Collapse and How an Economy Grows and Why It Crashes. Mr. Schiff explains the fact that the interest rate is a price and that manipulation of that price results in real changes to the capital structure and structure of production within the economy, causing imbalances, booms, and eventually busts in the economy. His lecture also explores how government intervention through labor and employment policies results in diminished employment and an overall reduction in the standard of living.
"What About Money Causes Economic Crises?" with Peter Schiff - Ron Paul Money Lecture Series, Pt 3/3