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This book is the very core of the Hayekian approach to monetary policy, and the book that drew the world's attention to this radical thinker following his Nobel Prize in economics. The argument is substantively similar to Mises's but rather than a gold standard, Hayek argues for completely abandoning government attempts to reform money.
24. Juli 2018 · 3.1 The Historical Background of Hayek’s 1976 Treatise. In the previous section, we indicated that Hayek’s treatise on the denationalization of money in 1976 had almost been the only reference for those who sought for theoretical foundations of a rising tendency of digital currencies.
17. Jan. 2019 · Secondly, we will define what the author describes as currency competition or rather the denationalization of money, as the original title indicates. Finally, we will draw a parallel between the ...
20. Jan. 2014 · Just a few pages later he states, "When one studies the history of money one cannot help wondering why people should have put up for so long with governments exercising an exclusive power over 2,000 years that was regularly used to exploit and defraud them." (33) Well, they both can't be true; as he himself, noted, the creation of MOST currency has been primarily in the hands of private ...
- Friedrich A. Hayek
28. Okt. 2019 · Bitcoin and the Denationalization of Money. “The modern central bank business model is being disrupted.” claims Saifedean Ammous, economics professor and author of The Bitcoin Standard: The Dcentralized Alternative to Central Banking. Ammous’ well-written exposition of an Austrian-School understanding of the nature of money — in a free ...
374 ratings44 reviews. 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 ...
2019. Conceptual development and practical implementation of blockchain technology resulted in establishment of cryptocurrencies, most notably Bitcoin. Its growing popularity raises the question whether it…. Expand. 1. Semantic Scholar extracted view of "The denationalization of money: a review" by D. H. Howard.
