Research

Denationalisation of Money


SUGGESTED

Government and Institutions

Classic introduction to public choice theory by one of the pioneers in the field

Regulation

A better way of financing local government services

The case for competition in currency

https://iea.org.uk/wp-content/uploads/2016/07/Denationalisation of Money.pdf
The government monopoly of money must be abolished to stop the recurring bouts of acute inflation and deflation that have become accentuated during the last 60 years. Abolition is also the cure for the more deep-seated disease of the recurring waves of depression and unemployment attributed to ‘capitalism’.

The monopoly of money by government has relieved it of the need to keep its expenditure within its revenue and has thus precipitated the spectacular increase in government expenditure over the last 30 years.

This proposal is not a minor technicality of finance but a crucial reform that may decide the fate of free civilisation.

Hobart Paper Special 70

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