Otmar Issing
Stabiles Geld - eine Illusion?
Alternative Währungssysteme - Hayeks Fundamentalkritik - Unabhängigkeit der Notenbanken. Erweiterte Fassung der 21. Friedrich A. von Hayek-Vorlesung gehalten am 13. November 2017 in Freiburg
[Stable Money - An Illusion? Alternative Currency Systems - Hayek's Fundamental Criticism - Central Bank Autonomy. Extended Version of the Twenty-First Friedrich A. von Hayek Lecture held on November 13, 2017 in Freiburg.]
2019. 71 pages. Published in German.
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Governments are, and always were, a threat to monetary stability; Hayek's currency competition fails to convince: So is stabile money just an illusion? The independence of central banks and a clear mandate for maintaining price stability are the best options in this on-going battle, finds Otmar Issing.