Good Money, Part II: The Standard

Good Money, Part II: The Standard

by F. A. Hayek, Stephen Kresge
     
 

ISBN-10: 0865977461

ISBN-13: 9780865977464

Pub. Date: 04/30/2009

Publisher: Liberty Fund, Incorporated


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

Overview


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) was awarded the Nobel Memorial Prize in Economic Sciences in 1974 and the Medal of Freedom in 1991 and was one of the leading Austrian economists and political philosophers of the twentieth century.

Stephen Kresge was the General Editor of The Collected Works of F. A. Hayek until his retirement in 2002.

Product Details

ISBN-13:
9780865977464
Publisher:
Liberty Fund, Incorporated
Publication date:
04/30/2009
Series:
Collected Works of F. A. Hayek
Edition description:
New Edition
Pages:
270
Product dimensions:
6.00(w) x 9.00(h) x 0.70(d)
Age Range:
18 Years

Table of Contents


Editorial Foreword ix

Introduction 1

One
A Survey of Recent American Writing:  Stabilization Problems in Gold Exchange Standard Countries 39
Addendum:  Exchange Rate Stabilization or Price Stabilization? 67

Two
Monetary Policy in the United States after the Recovery from the Crisis of 1920 71

Three
The Fate of the Gold Standard 153

Four
The Gold Problem 169

Five
Intertemporal Price Equilibrium and Movements in the Value of Money 186

Six
On 'Neutral' Money 228

Seven
Price Expectations, Monetary Disturbances, and Malinvestments 232

Afterword 245

Name Index 253

Subject Index 257

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