Denationalisation of Money: The Argument Refined [Large Print]

by Friedrich A. Hayek

Book Overview

LARGE PRINT EDITION More at LargePrintLiberty.com.

What if the government let anyone use a currency of his or her choosing? What if the government permitted entrepreneurs to innovate in the monetary sector, such as by creating digital currencies or minting commodity money? This is precisely what F.A. Hayek argues.

This book is the very core of the Hayekian approach to monetary policy, and the book that drew the world's attention to...

• Format: Paperback
• Large Print: Yes
• Language: English
• ISBN: 1495251438
• ISBN13: 9781495251436
• Release Date: January 2014
• Publisher: Createspace Independent Publishing Platform
• Length: 146 Pages
• Weight: 0.78 lbs.
• Dimensions: 0.3" x 8.5" x 11.0"

Customer Reviews

An essential read on Laissez-faire money

Nobel laureate F. A. Hayek makes a powerful case that government involvement in providing a medium of exchange (money) is neither necessary nor beneficial. In fact, government provision of currency is a threat to both liberty and financial stability. Hayek points out that governments have everywhere and always undermined the value of their currencies to reap revenue through inflation. He argues, convincingly, that the best hope for sound money lies in competition amongst privately issued currencies. This is an essential read for anyone interested in Free Banking or Laissez-faire Money.