Money and Freedom

The Case for a 100 Percent Gold Dollar audiobook

Tags: Gold Standard, Money and Banking, Political Theory

08/05/2026 Murray N. Rothbard

Rothbard declines both the fashionable dismissal of gold and the restorationist call to return to the pre-1933 standard, which he judges too far decayed to have lasted. He then states his ethical premise plainly: the free market, extended to money itself. Against the claim that money is whatever government says it is, he warns that command of the unit of account is command of the whole society.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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Money and Freedom