Competitive Money, Inside and Out

Originally published in Cato Journal

The aim of this essay, unlike so many works on monetary policy, is not to argue that the government monetay authorities ought to behave in a proper manner rather than the improper manner they have so often behaved in. Instead, it argues that the public ought not be forcibly subject to the vagaries of government monetary control.

The aim of this essay, unlike so many works on monetary policy, is not to argue that the government monetay authorities ought to behave in a proper manner rather than the improper manner they have so often behaved in. Instead, it argues that the public ought not be forcibly subject to the vagaries of government monetary control.

Read the article at Cato.org.

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