monetization_on Sound Money

Stable currency backed by precious metals

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"I don't believe that we shall ever have good money again before we take the thing out of the hands of government. Because we can't take them violently out of the hands of government, all we can do is by some sly or round-about way introduce something they can't stop."

Hayek, Friedrich

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"Money has not been generated by law. In its origin it is a social, and not a state institution. Sanction by the authority of the state is a notion alien to it."

Menger, Carl

menu_book On the Origin of Money

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Bitcoin: A Peer-to-Peer Electronic Cash System

person Nakamoto, Satoshi

event 2008

The foundational whitepaper introducing Bitcoin as a decentralized digital currency. Proposes a system for electronic transactions without relying ...

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The Ethics of Money Production

person Hülsmann, Jörg Guido

event 2008

Analysis of the moral implications of money production, arguing that fiat money and fractional reserve banking involve moral hazards and violate pr...

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On the Origin of Money

person Menger, Carl

event 1892

Menger's influential essay explaining how money emerged spontaneously from barter as the most marketable commodity, without need for government dec...

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Treatise on the Origin, Nature, Law, and Alterations of Money

person Oresme, Nicole

event 1355

Medieval treatise criticizing currency debasement and government manipulation of money, one of the earliest works in monetary economics

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person Authors

Hazlitt, Henry

American journalist, economist and author, famous for Economics in One Lesson, advocate of the Austrian School

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Hülsmann, Jörg Guido

German economist and Professor at the University of Angers, specialist in Austrian economics and monetary theory

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von Mises, Ludwig

Austrian-American economist, founder of the Austrian School of economics, known for his work on economic calculation and praxeology

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Nakamoto, Satoshi

Pseudonymous creator of Bitcoin, the first decentralized cryptocurrency. Published the Bitcoin whitepaper in 2008 and mined the genesis block in 20...

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