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Nobel Laureates

  Hayek, F A: "Denationalisation of Money: The Argument Refined"
» 8.6 MiB - 2,861 hits - 14 May 09
This book is the very core of the Hayekian approach to monetary policy, and the book that drew the world's attention to this radical thinker following his Nobel Prize in economics. The argument is substantively similar to Mises's but rather than a gold standard, Hayek argues for completely abandoning government attempts to reform money. The result would be competitive private currencies that permits the market alone to choose the dominant currency the world over.

  Hayek, F A: "Prices and Production, and other works"
» 9.5 MiB - 6,664 hits - 14 May 09
These seven works taken together represent the first integration and systematic elaboration of the Austrian theories of money, capital, business cycles, and comparative monetary institutions, which constitute the essential core of Austrian macroeconomics.