What Has Government Done to Our Money?

  • by Murray N. Rothbard
  • Narrated by Jeff Riggenbach
  • 5 hrs and 12 mins
  • Unabridged Audiobook

Publisher's Summary

The Mises Institute is pleased to present this audio edition of Rothbard's most famous monetary essay - the one that has influenced two generations of economists, investors, and business professionals. The Mises Institute has united this book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. "The Case for a 100 Percent Gold Dollar" was written a decade before the last vestiges of the gold standard were abolished. Rothbard's unique plan for making the dollar sound again still holds up. Some people have said that Rothbard tells us what is wrong with money but not what to do about it. Well, with the addition of this essay, the problem and the answer are united in a comprehensive whole.
After presenting the basics of money and banking theory, Rothbard traces the decline of the dollar from the 18th century to the present and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard. The book made huge theoretical advances. Rothbard was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much.The passion that Murray Rothbard feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it.


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Customer Reviews

Most Helpful

Worth it's weight in gold

Perhaps I come from a uneducated background but I suspect I'm typical of many middle class kids growing up who never give a thought to economics. A book or two on liberty and changed that and now I can't get enough of economics. Rothbard continues my learning curve with this book filled with a wealth of knowledge.
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- Reuben

Rothbard makes his case convincingly

Would you recommend this audiobook to a friend? If so, why?

If you want to know the history of money and what government has done to ruin it, this is the book for you. Makes an excellent case for the abolition of fiat currency and a return to gold as money.

What did you like best about this story?

Well written, easy to understand even for an economic novice like myself.

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- Alex

Book Details

  • Release Date: 10-13-2011
  • Publisher: Ludwig von Mises Institute