Hayek’s "Denationalization of Money": 30 Years After

D. Koptyubenko

Voprosy Ekonomiki, 2006, issue 6

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.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2006:id:1749

DOI: 10.32609/0042-8736-2006-6-67-80

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