What Has Government Done to Our Money?
by Murray Rothbard
Money is the lifeblood of an economy, the conduit through which millions of transactions flow. It is so ubiquitous that most of us don’t even think about what money really is or what it’s based on. In this book, economist Murray Rothbard looks into the development of money and how it made economies more efficient. Rothbard then explores how governments have historically sought to control and manipulate currency in order to enrich themselves and their cronies. Rothbard’s analysis determines that money removed from a commodity standard such as gold or silver quietly robs the population to the benefit of a connected few. His plea is clear – remove money from the political process and allow the free market to regulate its value.
Praise for What Has Government Done to Our Money?
“…probably the most brilliant introduction to monetary theory ever written, presenting both the foundation of monetary theory and exploring the role of the state in the degeneration of monetary systems. The book is suitable not only for economists, but also for non-academics and all people interested in the subject.” – Jorg Guido Hulsmann, professor of economics, University of Algers
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