Friedrich Hayek - Choice in Currency - A Way to Stop Inflation.pdf

《Friedrich Hayek - Choice in Currency - A Way to Stop Inflation.pdf》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、ChoiceinCurrency:AWaytoStopInflationF.A.Hayek[BasedonanAddressentitled'InternationalMoney'deliveredtotheGenevaGoldandMonetaryConferenceon25September,1975,atLausanne,Switzerland.IEA1976;Misesinstitute/IEA2009]Preface(ArthurSeldon)TheAuthor1.Money,Keynes,andHistory1.Keynesi

2、anrehabilitation2.Personalconfession2.TheManufactureofUnemployment1.Unemploymentvia'fullemploymentpolicies'2.Thelostgeneration3.The1863penny3.TheWeaknessofPoliticalControlofMoney1.Groupinterestsharmful2.Rebuildingtheresistancestoinflation3.Protectingmoneyfrompolitics4.Adang

3、erousmonopoly4.ChoiceofMoneyforPaymentinContracts1.Governmentandlegaltende2.Benefitsoffreecurrencysystem5.Long-RunMoneyStability1.'Theuniversalprize'2.FreedealingsinmoneybetterthanmonetaryunionsACommentonKeynes,Beveridge,andKeynesianEconomicsCommentariesoProfessorIvorPear

4、ceoProfessorHaroldRoseoRt.Hon.DouglasJayoRt.Hon.SirKeithJosephAnoteonGovernmentMonopolyofMoneyinTheoryandHistory(SudhaShenoy)0.Theory1.History1.France,17892.USA,beforeandafter18573.Germany,1920–23AndAPortent...?oCurrencyOptionforForeignCreditorsChoiceinCurrencyPrefaceThe

5、OccasionalPapersareintendedtomakeessaysoraddresses,ofoutstandingimportance,accessibletoawiderreadershipthanthattowhichtheywereoriginallyaddressed.The47sofarhaveincludedPapersbysomeofBritain's,andtheworld's,leadingeconomistsbutalsosomeimportantPapersbylesswell-knownnames.No.

6、48isaneditedversionofanaddressbyProfessorF.A.HayektoaconferenceinSwitzerland.InasenseitisasequeltoOccasionalPaper45,inwhichProfessorHayekarguedthatthecauseofunemploymentwasnotinadequatedemand,arisingfrominadequatetotalincome,butdisproportionsinrelativewagesrequiredtoequatet

7、hedemandforlabouranditssupplyineachsectoroftheeconomy.Theerrorofsupposingthatfullemployment,highoutputandprosperitycouldbemaintainedbyenlargingtotalmoneyexpenditureisdescribedinthisPaperasanage-oldsuperstitiontowhichKeynesandhisfollowershavegiventhesanctionofscientificautho

8、rity.InthisPaperProfessorHayekconsiderstheconditionsunderwhichitispossibleforgover