Offers five articles that advance F.A. Fayek's ideas about money. In these essays Hayek investigates the consequences of the "predicament of composition". This principle works on the premise that the entire society cannot simultaneously increase liquidity by selling property or services for cash. This analysis led Hayek to make what was perhaps his most controversial proposal: that governments should be denied a monopoly on the coining of money.
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Offers five articles that advance F.A. Fayek's ideas about money. In these essays Hayek investigates the consequences of the "predicament of composition". This principle works on the premise that the entire society cannot simultaneously increase liquidity by selling property or services for cash. This analysis led Hayek to make what was perhaps his most controversial proposal: that governments should be denied a monopoly on the coining of money.
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Add this copy of Good Money: The Standard Part 2 to cart. $62.00, new condition, Sold by hardcoverlover rated 5.0 out of 5 stars, ships from Irvine, CA, UNITED STATES, published 1999 by University of Chicago Press.
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Seller's Description:
New in new dust jacket. 280 p. The Collected Works of F. A. Hayek, 6. Audience: College/higher education; Professional and scholarly. Clean unread tight copy in a new dust jacket
