This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights of Hayek and others of the Austrian tradition, Professor Horwitz argues that an appreciation of the spontaneous evolutionary processes that produce and maintain our monetary institutions shou
American economist of the Austrian School and Charles A. Dana Professor of Economics at St. Lawrence University in Canton, NY. He has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and macroeconomics. He is an Affiliated Senior Scholar at Mercatus Center at George Mason University and Senior Fellow of the Fraser Institute in Canada.