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Fair. 025536105x. 144 pages. An analysis of the theory and practice of concurrent currencies. "The advantages that Professor Hayek claims for competitive currencies are not only that they would remove the power of government to inflate the money supply but also that they would go a long way to prevent the destabilising fluctuations that government monopoly of money has precipitated over the last century of 'trade cycles'"-from Preface. Average wear. Contents clean and unmarked. Various stickers and sticker removal damage upon back cover. Sound working copy.; 8vo-over 7¾"-9¾" tall; Denationalisation of Money-The Argument Refined: Second (Extended) Edition An analysis of the theory and practice of concurrent currencies. competitive currencies are not only that they would remove the power of government to inflate the money supply.