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Readers with this interesting subject. In particular, in the near future InstituteClassical job of the schoolgirl of Hayek Very Smith Proishozhdenie will be published
The central banks, analyzing the reasons, on which in the western countries
There was this rather inefficient monetary system.
The appeared recently interesting survey jobs of the Russian authors about the free
Monetary systems: Anna Tajtsilinoj's dissertation "Dereguljatsija of monetary system:
The theoretical bases and realisation programs "and Nikolay Kuznetsova's article
"Dereguljatsija of monetary circulation: problems and the approach" which should leave in
Light in 1996 in magazine "economy Questions".> V.A.Najshul G.G.Sapov May 1996it.
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The preface of the author For worldwide as I believe, Avarice and injustice of sovereigns and state The authorities, citizens who have abused trust, Have gradually reduced the valid maintenance of metal, Originally containing in their coins.
Adam Smith "Riches of the people"
Approximately one year ago, having lost hope to find politically realizable decision
The most elementary in technical sense of a problem - the inflation terminations, I,
Having despaired, has put forward in one of the lectures London,
Occasional Paper 48, Choise in Currency, F. A. Hayek, Institute of Economic Affairs, 1976 a little The unusual offer, the subsequent reflexion over which has opened absolutely Unexpected new horizons. I could not be kept from the further working out
This idea as the problem of prevention of inflation was always represented to me
Extremely important, and not only because of a damage and the sufferings caused by the high
As inflation but also because I considered and I consider, what even moderate inflation
Generates finally repeating periods of depressions and unemployment, Which steels powerful argument against system of free business And which survivals in interests of a free society should be prevented.
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