Books

Home | Mises Library | The Case for a 100 Percent Gold Dollar

The Case for a 100 Percent Gold Dollar

  • Case for 100% Gold Dollar by Murray N. Rothbard
0 Views

Tags Money and BanksGold StandardMoney and Banking

01/01/1962Murray N. Rothbard

Rothbard shows how money must originate from a commodity. In an ideal system, a dollar would be a unit of weight, and paper money would operate strictly as warehouse receipts for the stock of the monetary metal. There would be no fractional reserve banking. Rothbard offers a rebuttal to the objections to a 100 percent gold dollar raised by Professor Leland Yeager.

Author:

Murray N. Rothbard

Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.

References

Mises Institute, 2001

Shield icon books