Good Money, Part II
The Standard

By F. A. Hayek
Edited by Stephen Kresge

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This complementary volume provides five additional essays to expand our understanding of Hayek’s ideas about money and monetary policy. Good Money, Part II: The Standard investigates the consequences of the “predicament of composition” which led to one of Hayek’s most controversial proposals: that governments should be denied a monopoly on the coining of money.

F. A. Hayek (1899–1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the London School of Economics, the University of Chicago, and the University of Freiburg.

Details

Apr 2009 | 6 x 9 | 270 Pages

Editorial foreword by Stephen Kresge, introduction by Stephen Kresge, name index, subject index.

ISBNs

978-0-86597-746-4 Paperback