Denationalisation of Money
by F. A. Hayek
Publisher: Coronet Books 1990
Number of pages: 148
This is Friedrich von Hayek's groundbreaking work, first published in 1976. The author argues that the government monopoly of money must be abolished to stop recurring periods of inflation and deflation. Abolition is also the cure for the recurring waves of unemployment and depression attributed to 'capitalism'.
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by Philipp Bagus - Ludwig von Mises Institute
Professor Bagus explains the background to the idea of European unity and its heritage of sound money. He explains that the Euro is not what the older liberals had hoped for but instead is a politically managed money that is destined for failure.
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