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How not to rethink money
Posted By Larry White On February 10, 2013 @ 10:51 pm In Uncategorized | 19 Comments
I have a book review now up on reason.com  of Bernard Lietaer and Jacqui Dunne's Rethinking Money: How New Currencies Turn Scarcity Into Prosperity. I wanted to like the book more, because I too like alternative currencies. Unfortunately Lietaer and Dunne make some very crankish arguments, suggesting that the phenomenon of a positive interest rate creates problems for the economy, and that a proliferation of free currencies will ameliorate those problems.
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URL to article: http://www.freebanking.org/2013/02/10/how-not-to-rethink-money/
URLs in this post:
 I have a book review now up on reason.com: http://reason.com/archives/2013/02/09/competing-currencies
 : http://mises.org/daily/5621/Central-Banks-Can-Increase-the-Money-Supply-Even-If-Banks-Do-Not-Lend
 : http://keithweiner.posterous.com/when-gold-backwardation-becomes-permanent
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