文档介绍:The Ethics of Money Production J ?RG G UIDO H üLSMANN To the memory of Hans Sennholz The Ethics of Money Production J ?RG G UIDO H üLSMANN Ludwig von Mises Institute Auburn, Alabama Copyright ? 2008 by the Ludwig von Mises Institute Cover image: Detail from Sachsenspiegel manuscript, courtesy of the University of Heidelberg. All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of reprints in the context of reviews. For information write the Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832. . ISBN: 978-1-933550-09-1 Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ix Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1. Money Production and Justice . . . . . . . . . . . . . . . . . . . 1 2. Remarks about Relevant Literature . . . . . . . . . . . . . . . 7 Part 1: The Natural Production of Money. . . . . . . . . . . . . . . . . . 19 1. Monies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 1. The Division of Labor without Money. . . . . . . . . . . . 21 2. The Origin and Nature of Money. . . . . . . . . . . . . . . . 22 3. Natural Monies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 4. Credit Money . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 5. Paper Money and the Free Market . . . . . . . . . . . . . . . 29 6. Electronic Money. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 2. Money Certificates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 1. Certificates Physically Integrated with Money. . . . . 35 2. Certificates Physically Disconnected from Money. . 38 3. Money within the Market Process . . . . . . . . . . . . . . . . . . 43 1. Money Production and Prices . . . . . . . . . . . . . . . . . . . 43 2. Scope and L