Good Money, Part II: The Standard


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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.

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the London School of Economics, the University of Chicago, and the University of Freiburg.



Author: F. A. Hayek
Publisher: Liberty Fund
Published: 04/01/2009
Pages: 259
Binding Type: Paperback
Weight: 0.85lbs
Size: 9.00h x 5.90w x 0.80d
ISBN13: 9780865977464
ISBN10: 0865977461
BISAC Categories:
- Business & Economics | Money & Monetary Policy
- Business & Economics | Economics | Theory