Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price … Continue reading “Bitcoin: the Money of the Future?”

I would like to thank the IEA for today publishing my monograph, New Private Monies, which examines three contemporary cases … Continue reading “New private monies can outcompete government monetary systems”

In a recent Financial Times article Martin Wolf announced his conversion to the view that private banks should be stripped … Continue reading “Let’s not ban private money”

I am very grateful to the IEA for making Private Money available as a free download on the web. On … Continue reading “How about private money?”