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Hayek’s "Denationalization of Money": 30 Years After
https://doi.org/10.32609/0042-8736-2006-6-67-80
Abstract
The paper investigates the evolution of the problem of competition in the money market in economic thought. The author shows that multicurrency systems can be highly concentrated due to network effect. These conclusions are backed up with the survey of functioning of earlier and modern non-public monetary systems.
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Review
For citations:
Koptyubenko D. Hayek’s "Denationalization of Money": 30 Years After. Voprosy Ekonomiki. 2006;(6):67-80. (In Russ.) https://doi.org/10.32609/0042-8736-2006-6-67-80
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