Acton Institute Powerblog Archives

Post Tagged 'government debt'

Samuel Gregg: Fiat Money and Public Debt

On Public Discourse, Acton Research Director Samuel Gregg looks at fiat money and how today it “represents the end of a long process of development whereby governments have used their power of legal tender to use money to pursue various policy goals.” This brief excursion into economic history hints at some of the deeper economic—not to mention moral—problems associated with fiat money. Continue Reading...

Money, Deficits, and the Devil: A Cautionary Tale

Acton Research Director Samuel Gregg contributed the article here, one of two Acton commentaries published today. Sign up for the free, weekly email newsletter Acton News & Commentary to receive new essays, book announcements and the latest news about Acton events. Continue Reading...

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