In this groundbreaking work, first published in 1976, Friedrich von Hayek argues that the government monopoly of money must be abolished to stop recurring bouts of inflation and deflation. Abolition is also the cure for the more deep-seated disease of the recurring waves of depression and unemployment attributed to ‘capitalism’.

For the first time Denationalisation of Money is available as a free download in high quality pdf format (12 MB).

1976, Hobart Papers 70, ISBN 978 0 255 36239 9, 144pp, PB

Further reading:

Verdict on the Crash: Causes and Policy Implications by Philip Booth et al.

The Road to Serfdom (condensed version) by F. A. Hayek

Choice in Currency: A Way to Stop Inflation by F. A. Hayek

A Tiger by the Tail: The Keynesian Legacy of Inflation by F. A. Hayek

Economic Freedom and Representative Government by F. A. Hayek.

The Confusion of Language in Political Thought by F. A. Hayek

How Markets Work: Disequilibrium, Entrepreneurship and Discovery by Israel M. Kirzner

Private Money: The Path to Monetary Stability by Kevin Dowd