The Ethics of Money Production

The Ethics of Money Production is a book by German-French economist Jörg Guido Hülsmann. It is the first full study of the subject of the ethics of money production and has been translated to multiple languages including Chinese, German, Spanish, Czech, French, and Italian. The thesis of the text is that a government monopoly on money production and management has no ethical or economic grounding at all. Legal tender laws, bailout guarantees, tax-backed deposit insurance, and the entire apparatus that sustains national monetary systems, has been wholly unjustified. The argument is made that money should be a privately produced good like any other, such as clothing or food.

Links

 * Full Text (Scribd)
 * French translation
 * Chinese translation
 * Chinese translation


 * Articles, essays and reviews
 * Cobden Centre review: "The Ethics of Money Production" by Andy Duncan, November 2010 (republished as Mises Daily here)
 * "The Right and Wrong of Money Production" by Michael King, February 2009
 * "The Ethics of Money Production" Mises.org blog, October 2008
 * "The Case for Natural Money" by George F. Smith, February 2009
 * "Money and Our Future" by Llewellyn H. Rockwell Jr., January 2009
 * "Madoff as Metaphor" by Llewellyn H. Rockwell Jr., December 2008
 * "The Ethics of Money Production: a live blog" (Part 1, Part 2, Part 3) by Gil Guillory, March 2009


 * Other media
 * Authors Forum: "The Ethics of Money Production" lecture by Jörg Guido Hülsmann, March 2009
 * L'etica della produzione di moneta (The Ethics of Money Production) segment on TVSEI's Infobox (Italy), October 2011