What Has Government Done To Our Money? Case For The 100 Percent Gold Dollar

What Has Government Done to Our Money? Case for the 100 Percent Gold Dollar

Product Description

The Mises Institute is pleased to present this very beautiful hardbound edition of Rothbards most famous monetary essay--the one that has influenced two generations of economists, investors, and business professionals. The Mises Institute has united this book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. The Case for a 100 Percent Gold Dollar was written a decade before the last vestiges of the gold standard were abolished. His unique plan for making the dollar sound again still holds up. Some people have said: Rothbard tells us what is wrong with money but not what to do about it. Well, by adding this essay, the problem and the answer are united in a comprehensive whole. After presenting the basics of money and banking theory, he traces the decline of the dollar from the 18th century to the present, and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard. The book made huge theoretical advances. He was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much. The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved. Since Rothbards death, scholars have worked to assess his legacy, and many of them agree that this little book is one of his most important. Though it has sometimes been inauspiciously packaged and is surprisingly short, its argument took huge strides toward explaining that it is impossible to understand public affairs in our time without understanding money and its destruction.
Rate Points :4.5
Binding :Hardcover
Label :Ludwig von Mises Institute
Manufacturer :Ludwig von Mises Institute
ProductGroup :Book
Studio :Ludwig von Mises Institute
Publisher :Ludwig von Mises Institute
EAN :9780945466444
Price :$17.00USD
Lowest Price :$15.98USD
Customer ReviewsWe each rely on money for our well-being, so shouldnt we understand it?
Rating Point :5 Helpful Point :2
This was not only the best book that Ive read on the subject of money, it was one of the most interesting books Ive ever read (or listened to in audio, rather). Most people have a scant concept of money most of them have never considered too-far-in what money actually is. I think this book should not only be required reading for economists and businessmen, but it should be required reading for all college-level students. (Though, we wouldnt want to enforce that requirement through state power, of course.)

Excellent introduction to monetary history and theory
Rating Point :4 Helpful Point :0
I am truly surprised at the readability of these essays. Rothbard really managed to make monetary history and theory accessible for anyone choosing to read it.

In my mind, its the writing style that makes this book, not the ideas. Most of Rothbards ideas come from Von Mises. The essay reads as a defense of Von Misess position in places.

Yes, the book does read as somewhat opinionated, and no, he does not go into extensive detail. I am not faulting him for that though, as these are just short essays. Really, my only fault with the book might be the redundancy of having the two essays packaged into the same book. After reading "What Has Government Done to Our Money?" I felt that "Case for the 100 Percent Gold Dollar" was unnecessary.

Great read!
Rating Point :5 Helpful Point :0
Great book for anyone who really wants to understand the true meaning of "real" money. Will remove your "rose colored glasses" if you believe the useless paper we have floating around today has any value, as well as help you to understand how bad it truly can (is) going to get, economically speaking. If 50% of the American population read this book, we might have a chance to get a grip on our economy again!!

What, indeed
Rating Point :5 Helpful Point :6
This is the great Murray Rothbards popular and eminently readable introduction to money and the government destruction thereof. He presents the subject simply and in a way that makes for very interesting reading, in a field that is not known for producing page-turners. The book is short, and provides a solid understanding of money and how it works, even for someone with no background in economics. I dont know why I didnt read this when I was in high school it should be required reading for every high school student. If thousands of years of history have shown anything at all, they have shown conclusively that one thing we can be absolutely certain of is the addiction of government to the plunder of its own people by debasing its money. Murray Rothbard has shown precisely how this is accomplished, as well as pointing out some of the moral implications of a fraudulent monetary system.

It seems to me that when almost everyone spends most of their lives focusing on acquiring, accumulating, and increasing money, they should pay at least minimal attention to the basics of what money fundamentally is, and how readily it can (and inevitably will) be destroyed by a government that has granted itself absolute control over the money mechanism. This book will explain all of that, and it is sure to get your attention.

Gold standard cannot work
Rating Point :3 Helpful Point :2
I havent read this book or even looked at this book but I can say up front that this book is a lie unless it spends some time discussing how a gold standard can work in a world where all other countries are using a usury standard. The problem with the gold standard is that if 100% of countries adopted it in the world then if one country decides to go to the usuary standard then they will superheat and have an advantage in economic strength. This is why the gold standard had to die. If you have a world full of people playing by the rules and then one country cheats, then all other countries are at a disadvantage. What the world has done is accept the terms "if you cant beat em, join em" and so now everyone is off of the gold standard.

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