The Dilemmas of Government Expenditure
F. A. Hayek's classic paper on free banking
The relationship between the money supply and inflation
Essays in politcal economy by economists and parliamentarians
The expansion in expenditure has reflected far more than inadequate machinery of control, or fallacious philosophic thinking, or outdated political attitudes: it also reflects, perhaps even more fundamentally, the sheer imperative of using the patronage of some government to achieve, consolidate and buttress political power.