Better Money

Lawrence H. White

Better Money

Gold, Fiat, or Bitcoin?

4.8
21 ratings

Publisher: Cambridge University Press

Pages: 185

Publication Year: 2023

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Description

The 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.

Authorship

AuthorsLawrence H. White
Websitehttps://www.cato.org/alt-m
X (Twitter)@lawrencehwhite1

Publication Format

Ebook is a digitally formatted file that's read on an e-reader like Kindle or an application like Apple Books.

YES

A paperback (also known as softback or softcover) is a type of book characterized by a thick paper or paperboard cover. Their pages are often held together with glue rather than stitches or staples.

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A hardcover (also known as hardback or hard-bound) is a type of book that is bound with hard and rigid protective covers and the pages are often strongly held together with stitches and staples.

YES

An audiobook is a sound recording of a book.

NO

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