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Denationalisation of Money

10 September 1976
Research

Denationalisation of Money

F. A. Hayek
10 September 1976

The case for competition in currency

The government monopoly of money must be abolished to stop the recurring bouts of acute inflation and deflation that have … Continue reading “Denationalisation of Money”
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Gold or Paper?

10 July 1976
Research

Gold or Paper?

E. Victor Morgan and Ann D. Morgan
10 July 1976

No government has maintained the value of its currency without external discipline

Many governments have issued paper money backed only by their own authority; all the major countries are doing this now; … Continue reading “Gold or Paper?”
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Choice in Currency: A Way to Stop Inflation

1 February 1976
Research

Choice in Currency: A Way to Stop Inflation

F.A. Hayek
1 February 1976

F. A. Hayek's classic paper on free banking

In this short paper, first published in 1976, Nobel Laureate Friedrich von Hayek suggests that inflation can be stopped by … Continue reading “Choice in Currency: A Way to Stop Inflation”
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