Friedrich A. von Hayek
Entnationalisierung des Geldes
Eine Analyse der Theorie und Praxis konkurrierender Umlaufsmittel
[Denationalization of Money. An Analysis of the Theory and Practice of Concurrent Currencies]
1977. 149 pages. Unrevised ebook edition 2025. including VAT
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The essay which gave this volume its name is the expanded version of a work which caused quite a sensation when it was published in English for the first time. Furthermore, the volume contains three papers which deal with the gold standard and the reasons which led to its destruction. In another essay, Hayek describes the plan for a commodity reserve standard, which in his opinion would make it possible to avoid the flaws of the gold standard without relinquishing its advantages.