Libertarian Views on Money - its Creation and Control


Is government control of money compatible with freedom of the individual?

A collection of links to sources of information on libertarianism and money, banking and finance covering the economics, politics and philosophy of power over money creation.

The Libertarian Alliance
Among its publications are some on money, a few of which are listed below.

The Micropolitics of Free Market Money a proposal by Antoine Clarke

Currency Competition some options considered by Antoine Clarke

The Uses and Abuses of Money by Nick Elliott Politicians have often laboured under the delusion that money is something created and manipulable by themselves, when in fact it is the spontaneous institution of a free society and will continue to evolve in ways outside their grasp.

Adam Smith on Money, Banking and Macroeconomic Order
By Andrew Farrant, Libertarian Heritage No. 16. (A paper published by the Libertarian Alliance).

FAME: The Foundation for the Advancement of Monetary Education
The goal of FAME's web site is to become the principal source of intellectual ammunition in support of "honest money."

Free-Market.Net Articles on Banking, Money, Finance
A directory maintained by the Free-Market.Net website.

The Economic Means to Freedom
A series of essays by Frederick Mann. It was one of a number of resources on libertarianism at the BuildFreedom.com website.

Ayn Rand on Money
An extended quotation from page 387 of Atlas Shrugged by Ayn Rand, the American philosopher.

Monetary and Banking Policy by the Cato Institute
The Institute's aims are the promotion of public policy based on individual liberty, limited government, free markets, and peace. Many publications on money are available from its web server.

Digital Cash and Monetary Freedom by Jon W. Matonis
Matonis advocates a privately-managed digital cash system. The Internet is a new world and a new world demands a new currency - a new standard of value. This standard should be dictated by the market.

Money Without Government & Banks by Michael E. Marotta.
This article was originally published in Practical Anarchy, November 1993.

The Future of Money edited by Robert Knautz. Articles from Policy Spotlight vol. 1 no. 1, September-October 1997.

Alternative Ökonomie?!
The material on this site is in German - there are hyperlinks to English language texts/sites.

Cyberhaven
The Cyberhaven domain is a web home to a variety of separate sites having unifying themes of liberty, libertarianism, capitalism, individualism, free enterprise, and free markets. It has good coverage of books on these subjects.

Democracy and Government Control of the Money Supply
When coins were the predominant form of payment governments controlled minting. The development of modern banking and paper money broke the government monopoly of money creation and fostered the growth of democracy. Although not written from an explicitly libertarian perspective this essay, based on A History of Money from Ancient Times to the Present Day by Glyn Davies, is on a theme of interest to libertarians.



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Roy Davies - Last updated 16 July 2002.