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Tag Archives: monetary systems

Peter Bofinger — The Mechanics of Cryptocurrency

More than forty years ago, Nobel laureate Friedrich von Hayek published a small book in which he called for the “denationalization of money.” For him, high inflation rates in all countries were proof that states were abusing their monopoly on issuing banknotes, and that only private money in competition could guarantee stable money. Hayek was more concerned with the regulatory principle of competition than with the question of how a competitive monetary system could be concretely shaped....

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Alan R. Knight — We don’t need a balanced budget amendment

Mentions MMT and Stephanie Kelton. Charleston Gazette-MailAlan R. Knight: We don't need a balanced budget amendment Alan R. Knight. retired editor of New England Farmer newspaper and formerly associate editor of American Agriculturist magazine, where he also wrote “The Uncommon Market,” an award-winning column that explored both the local and global marketplace into which farmers sell their products.

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