The Gold Standard: Perspectives in the Austrian School

The world’s financial system is in a precarious state, and everywhere the cry is heard for reform. The contributors to this notable anthology argue for one particular sort of reform, a return to the gold standard. They write from the perspective of the Austrian School.

Murray Rothbard incisively criticizes another proposal for monetary reform, the monetary denationalization suggested by F.A. Hayek. He agrees with Hayek that anyone should be free to offer whatever he wishes as money, but it d...