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OverviewThe recent rise of dollar, pound, and euro inflation rates has rekindled the debate over potential alternative monies, particularly gold and Bitcoin. Though Bitcoin has been much discussed in recent years, a basic understanding of how it and gold would work as monetary standards is rare. Accessibly written by a pioneering economist, Better Money explains and evaluates gold, fiat, and Bitcoin standards without hype. White uses simple supply-and-demand analysis to explain how these standards work, evaluating their relative merits and explaining their response to shocks, allowing for informed comparisons between them. This book addresses common misunderstandings of the gold standard and Bitcoin, using historical evidence to review the history of money with emphasis on the contest between market and government provision. Known for his work on alternative monetary institutions, White offers a reasoned discussion of which standard is most likely to provide a better money. Full Product DetailsAuthor: Lawrence H. White (George Mason University, Virginia)Publisher: Cambridge University Press Imprint: Cambridge University Press Dimensions: Width: 15.20cm , Height: 1.60cm , Length: 22.80cm Weight: 0.410kg ISBN: 9781009327459ISBN 10: 1009327453 Pages: 185 Publication Date: 23 March 2023 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsIntroduction; 1. Markets and governments in the history of money; 2. How a gold standard works; 3. Common misconceptions about the gold standard; 4. How a fiat standard works; 5. How Bitcoin standard works; 6: Contrasts between gold and Bitcoin standards.Reviews'... there can be no doubt that White succeeds in presenting the complexity of money and its purpose in a way that is both informative and friendly to the general reader. For that, 'Better Money' makes a worthwhile read.' David Weinberger, The University Bookman Author InformationLawrence H. White is Professor of Economics at George Mason University. He has pioneered research on private monetary systems since before Bitcoin, authoring Free Banking in Britain (1984), Competition and Currency (1989), and The Theory of Monetary Institutions (1999). He is also author of The Clash of Economic Ideas (2012). Tab Content 6Author Website:Countries AvailableAll regions |
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