Interesting seminar online...
MrEureka
Posts: 24,419 ✭✭✭✭✭
Interesting online seminar. Mark your calendars for April 17.
The Federal Reserve's contribution to the current financial crisis, far from being exceptional, is typical of central banks' frequent, myopic mismanagement of money. So why, given their dismal record, do we allow governments to manage money at all? The standard answer is that were money left to private enterprise, bad money would drive good money out of circulation.
In Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775�1821 (University of Michigan Press, 2008), George Selgin reveals a forgotten episode of private coinage that proves the contrary. At the onset of Great Britain�s Industrial Revolution, the British Royal Mint proved utterly incapable of meeting the monetary needs of an industrializing economy; and it was only thanks to private mints and their "commercial" coins that Great Britain managed to avoid slipping back into feudalism.
We hope that you will be able to join us and hear Professor Selgin discuss this fascinating, important, and unjustly forgotten episode in the history of money.
Cato events, unless otherwise noted, are free of charge. To register for this event, please fill out the form below and click submit or email events@cato.org, fax (202) 371-0841, or call (202) 789-5229 by noon, Thursday, April 16, 2009. Please arrive early. Seating is limited and not guaranteed. News media inquiries only (no registrations), please call (202) 789-5200.
If you can't make it to the Cato Institute, watch this forum live online.
If you plan to watch this event online, there is no need to register.
More details here.
The Federal Reserve's contribution to the current financial crisis, far from being exceptional, is typical of central banks' frequent, myopic mismanagement of money. So why, given their dismal record, do we allow governments to manage money at all? The standard answer is that were money left to private enterprise, bad money would drive good money out of circulation.
In Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775�1821 (University of Michigan Press, 2008), George Selgin reveals a forgotten episode of private coinage that proves the contrary. At the onset of Great Britain�s Industrial Revolution, the British Royal Mint proved utterly incapable of meeting the monetary needs of an industrializing economy; and it was only thanks to private mints and their "commercial" coins that Great Britain managed to avoid slipping back into feudalism.
We hope that you will be able to join us and hear Professor Selgin discuss this fascinating, important, and unjustly forgotten episode in the history of money.
Cato events, unless otherwise noted, are free of charge. To register for this event, please fill out the form below and click submit or email events@cato.org, fax (202) 371-0841, or call (202) 789-5229 by noon, Thursday, April 16, 2009. Please arrive early. Seating is limited and not guaranteed. News media inquiries only (no registrations), please call (202) 789-5200.
If you can't make it to the Cato Institute, watch this forum live online.
If you plan to watch this event online, there is no need to register.
More details here.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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In 2003-04 George Selgin outlined his progress on his book in the CTCC journals. Interesting reading.
Collecting:
Conder tokens
19th & 20th Century coins from Great Britain and the Realm