Lawrence H White Livres

Covers free banking monetary thought in a clear, accessible mannerOffers an effective balance between theory and practical applicationsCombines plain text with formal explanationsDiscusses models such as Diamond-Dybvig and seigniorage. .

The recent rise of dollar and euro inflation rates has rekindled interest in two alternative monies: gold and Bitcoin. Written in accessible style by a respected specialist on monetary institutions, Better Money explains and evaluates gold, fiat, and Bitcoin standards without hype.