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This complementary volume provides five additional essays to expand our understanding of Hayek’s ideas about money and monetary policy. Good Money, Part II: The Standard investigates the consequences of the predicament of composition which led to one of Hayek’s most controversial proposals: that governments should be denied a monopoly on the coining of money.
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This complementary volume provides five additional essays to expand our understanding of Hayek’s ideas about money and monetary policy. Good Money, Part II: The Standard investigates the consequences of the predicament of composition which led to one of Hayek’s most controversial proposals: that governments should be denied a monopoly on the coining of money.