Good Money, Part II: The Standard (The Collected Works of F. A. Hayek)
Hayek's essays on monetary theory, liquidity, and government monopoly over money.
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Print Length:
270 pages
Publication Date:
December 22, 2022
Other Titles By F. A. Hayek
The Road to Serfdom: Text and Documents (The Collected Works of F. A. Hayek)
The Pure Theory of Capital (The Collected Works of F.A. Hayek)
The Fortunes of Liberalism: Essays on Austrian Economics and the Ideal of Freedom, Volume 4 (The Collected Works of F. A. Hayek)
The Constitution of Liberty: The Definitive Edition (The Collected Works of F. A. Hayek)
Good Money, Part II: The Standard (The Collected Works of F. A. Hayek)
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"Good Money, Part II" presents five of Hayek's articles advancing his controversial monetary ideas. The essays explore the "predicament of composition," arguing that society cannot simultaneously increase liquidity by selling assets for cash. Hayek controversially proposed denying governments monopoly control over money issuance. This volume offers deep insights into his monetary theory and its implications for economic policy.
