Why Not Allow a Free Market in Money?

In his Freeman piece today, Larry Reed talks about the history of privately-produced money. There is no reason why government should monopolize the production of money any more than it should monopolize the production of books or shoes.

At the end of the piece, you’ll find links to many related articles and reviews, including my review of George Selgin’s book Good Money, which goes into the fascinating history of private minting of coins in England during the Industrial Revolution.

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