The theory of optimum currencies and a critique of the theory of optimum currency areas
- Canny, Brian
- Jesús Huerta De Soto Director
- Philipp Bagus Co-director
Universidade de defensa: Universidad Rey Juan Carlos
Fecha de defensa: 27 de xaneiro de 2016
- Carlos Rodríguez Braun Presidente
- Pedro J. Tenorio Sánchez Secretario/a
- Santiago García Echevarría Vogal
- Armando José Torrent Ruiz Vogal
- León Gómez Rivas Vogal
Tipo: Tese
Resumo
This doctoral thesis proposes a new Theory of Optimum Currencies as an alternative to the ideas of Robert Mundell, better known as the Theory of Optimum Currency Areas. Mundell’s ideas on the nature and origin of money are contrasted with those of Carl Menger and the Austrian School of Economics. The economic axioms and models used by Mundell are shown to be of little value and his understanding of the evolution of monetary history is shown to be lacking. A new Theory of Optimum Currencies is proposed and a corrected understanding of monetary history is proposed.