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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 ...
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.
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.
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Denationalisation of Money: An Analysis of the Theory and Practice of Concurrent Currencies. London: The Institute of Economic Affairs (Hobart Paper Special 70), October 1976, 107 pp. London: The Institute of Economic Affairs (Hobart Paper Special 70), October 1976, 107 pp.
Mises Institute
Those who advocate the depoliticization of monetary policy through central bank independence, and the more radical denationalization of currencies through dollarization and monetary union, aim to bring that history to an end and quarantine money from the control of governments, permanently. Critical theorists tend to treat these three ...
