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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Economic History, Money & Politics, News, The Fed & Central Banks

Monetary Progress

George Selgin/June 10, 2022June 19, 2022 /3 Comments

(From the entry on "Money," by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the autonomous cities of Greece, which possessed the right of issuing money, was the cause of the competition between different currencies, each having legal…

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Bitcoin, cybercurrency, competition, Leland Yeager
Digital Money, Economic Thought

Is Bitcoin Doomed?

George Selgin/May 21, 2015June 19, 2022 /5 Comments

OK, I'm being melodramatic.  But the question actually posed by the PanAm Post, "Will Bitcoin's Fixed Money Supply Be Its Downfall?", was only slightly less so.  They had me take the "yes" position.  But as my doubts about Bitcoin's future are far from certain,  I was delighted…

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Scottish Free Banking Note
Economic History, Free Banking

What You Should Know About Free Banking History

Larry White/April 28, 2015June 19, 2022 /14 Comments

This is a revised excerpt from White (2015), and the first item in our "What You Should Know" series offering essential background information on various alternative money themes. Historical monetary systems that are properly classified as free banking systems, in Kevin Dowd’s (1992, p. 2) words, have…

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Economic History, Fiat Money, Money & Politics

More on Counterfeit Currency

George Selgin/December 30, 2014June 19, 2022 /8 Comments

As devoted followers of this blog already know, one of my (many) free-banking hobbyhorses concerns counterfeiting. Assuming similar penalties for convicted counterfeiters, is a system of competing suppliers of redeemable paper currency more or less likely to encourage counterfeiting than a currency monopoly? Having sketched-out some basic…

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  • Working Paper Series
  • Norbert Michel

Categories

  • Banking Regulation (119)
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  • Commodity Money (78)
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  • Digital Money (98)
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  • Economic Thought (164)
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  • Monetary Policy Primer (12)
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  • The Fed & Central Banks (378)
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  • Working Papers (7)

Recent Posts

  • The Menace of Fiscal Inflation
  • Monetary Progress
  • Paul Krugman and the "Ersatz" Theory of Private Currencies
  • The New Deal and Recovery, Part 18: The Recovery So Far
  • Should the Fed Devalue Our Currency to Implement Negative Interest Rates?
  • Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
  • Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007)

Recent Comments

  • brian_in_arizona on The Menace of Fiscal Inflation
  • Selgin on Paul Krugman and the "Ersatz" Theory of Private Currencies
  • Brutus admirer on Monetary Progress
  • Brutus admirer on The Menace of Fiscal Inflation
  • Max Hydrogen on The Menace of Fiscal Inflation

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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