ALBERT — All Library Books, journals and Electronic Records Telegrafenberg

Hits per page

hit 1 - 1 | 1 hit

Select All Export

Electronic Resource

In defense of fiduciary media—or, we arenot devo(lutionists), we are Misesians! (1996)

Selgin, George ; White, Lawrence H.

Springer

The review of Austrian economics 9 (1996), S. 83-107

add to mindlist on the mindlist

Details

ISSN: 1573-7128

Source: Springer Online Journal Archives 1860-2000

Topics: Economics

Notes: Conclusion Fiduciary media are not fiat money. A monetary system with a commodity standard, competitive banking, and the freedom to use fiduciary media among consenting transactors is consistent with justice, efficiency, and economic stability. It is preferable on these scores both to a system (like today's) where the law has forced money-users to give up gold and gold-redeemable fiduciary media in favor of fiat money, and to a system (like those proposed by 100-percent-reserve advocates) where the law restricts money-users from holding any or some types of fiduciary media.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1007/BF01103331

	Location	Call Number	Expected	Availability

Others were also interested in ...

Paper (German National Licenses)

Fulltext

hit 1 - 1 | 1 hit