Denationalisation of Money

F. A. Hayek's masterpiece on economic crises, free banking and inflation has been reissued

In this groundbreaking work, first published in 1976, Friedrich von Hayek argues that the government monopoly of money must be abolished to stop recurring bouts of inflation and deflation. Abolition is also the cure for the more deep-seated disease of the recurring waves of depression and unemployment attributed to 'capitalism'.

For the first time Denationalisation of Money is available as a free download in high quality pdf format (12 MB).

Print-on-Demand . This title is made available through print-on-demand and is a reprint of the 3rd edition, published in 1990. Print-on-demand allows the IEA to make available out-of-print titles by printing a copy of each book individually rather than by using the traditional method of reprinting in bulk. The contents of the book are indistinguishable from the original, with the only noticeable difference being in the cover design. More information on our print-on-demand programme can be found at: print-on-demand.

1976, Hobart Papers 70, ISBN 978 0 255 36239 9, 144pp, PB

Further reading:

Verdict on the Crash: Causes and Policy Implications by Philip Booth et al.

The Road to Serfdom (condensed version) by F. A. Hayek