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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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U.S. Mint

Commodity Money, Economic History, Money & Politics, News, Recommended Reading

Lawrence White on Private Gold Mints

George Selgin/March 19, 2021June 19, 2022 /9 Comments

Every hoary myth about the private market's unfitness to supply means of exchange has roots that trace back to the hoariest monetary platitude of all, namely, the claim that governments alone, whether republican or absolutist or otherwise, are fit to coin money. That commonplace credendum dates from…

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Working Papers

The Private Mint In Economics: Evidence from American Gold Rushes (CMFA Working Paper No. 003)

The CMFA Working Paper Series/March 17, 2021June 19, 2022

 

Where have all the coins gone?
Commodity Money, Economic History, Fiat Money, Money & Politics, News

Where Have All the Coins Gone?

Will Luther/July 10, 2020June 19, 2022 /13 Comments

“If you put the federal government in charge of the Sahara Desert,” the economist Milton Friedman once quipped, “in five years there’d be a shortage of sand.” The U.S. Mint, to its credit, had a much longer run. The Federal Reserve, which purchases coins from the Mint…

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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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