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Renewing the Search for a Monetary Constitution: Reforming Government's Role in the Monetary System

Renewing the Search for a Monetary Constitution: Reforming Government's Role in the Monetary System


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About the Book

Over 50 years ago, "In Search of a Monetary Constitution," which focused on the need for constraints on the creation of money by the government, was published. Although overlooked at the time, the work's analysis has proven to be remarkably prescient. This new collection of essays, "Renewing the Search for a Monetary Constitution: Reforming Government's Role in the Monetary System," commemorates the 50th anniversary of the first edition by revisiting and re-energizing the original intent. Since the publication of the original book, central banks have delivered neither sound money nor real growth; instead, chronic inflation and a series of booms and busts have prevailed. In this new collection, scholars call for monetary reform centered on the debate over creating constitutional provisions that empower government versus provisions that prohibit government interference with money. The aim of "Renewing the Search for a Monetary Constitution" is to revitalize public discussion of constitutional monetary reform. It's a must-read for anyone who wants to change the domination of our monetary system by the government.

About the Author :
Lawrence H. White is Professor of Economics at George Mason University and a Senior Fellow of the Cato Institute. Best known for his work on free banking, White is the author of The Clash of Economic Ideas (2012), The Theory of Monetary Institutions (1999), Free Banking in Britain (2nd ed., 1995), and Competition and Currency (1989). His research has appeared in the American Economic Review and other leading economics journals. His popular writings have appeared in the Wall Street Journal and elsewhere.


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Product Details
  • ISBN-13: 9781939709677
  • Publisher: Cato Institute
  • Publisher Imprint: Cato Institute
  • Language: English
  • ISBN-10: 1939709679
  • Publisher Date: 16 Feb 2015
  • Binding: Digital (delivered electronically)
  • Sub Title: Reforming Government's Role in the Monetary System


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