Description
This is a book that contains five additional essays that expand on the ideas of F.A. Hayek about money and monetary policy. The book 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.
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.