The Ethics of Money Production

This book explores the ethics and economics of money production from ancient times to the present.

Hülsmann argues that the government monopoly on money production has no ethical or economic justification and advocates for private money production.

He disputes centuries of assumptions about money management by governments and central banks, suggesting that money should be treated as a privately produced good like other commodities.

The book also examines historical and theoretical perspectives, including the works of 14th-century Bishop Nicole Oresme, to make a strong case for the privatization of money production and the separation of money from state control.