Honest Money

Honest Money

By Arthur Isaac Fonda
Unabridged
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Honest Money is a late-nineteenth-century polemic and primer on monetary theory that treats currency not as a neutral convenience but as the ethical infrastructure of a nation. Arthur Isaac Fonda argues that recurring cycles of boom and unemployment are symptoms of a flawed money system, then proceeds-patiently, didactically-to define value, the standard of value, and the functions money must fulfill if it is to deserve the adjective "honest."