For thousands of years, money was a reliable measure of value, shaping economies and societies. America's founders too built a stable money system using only precious metals. But later politicians and bankers dismantled American money and replaced it with something far more fragile: credit money.

Cash, credit cards, electronic bank credits, and the like weaken in value over time and are not a trustworthy measure of economic value. The American credit money bubble, which has blown ever bigger for over 160 years, has been the cause of vast inflation, avoidable financial hardship, and…

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This concise compendium examines money laws, economics, and ethics from Biblical antiquity to the digital economy. The few other related academic works typically proceed from the unfounded assumptions that money laws, economics, and ethics – and money itself – are only evolving tokens of subjective preferences.

Money Law, Economics, & Ethics presents the opposing view, shared by most policymakers and economists until 1861: money issued and used apart from sound money laws and…