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Good Money, Part I: The New World

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The first part of this two-volume set presents seven articles by the Nobel Prize–winning economist on business cycles and the quantity theory of money.

The two volumes of Good Money present a comprehensive chronicle of F.A. Hayek's writings on monetary policy. Together, they offer readers an invaluable reference to some of his most profound thoughts about money.


Good Money, Part I: The New World includes seven of Hayek's articles from the 1920s that were written largely in reaction to the ...