ECON 3499 — Assignment 3

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ECON 3499 Assignment 3

One point of disagreement within the Austrian School surrounds the issue of sound currency. Some, like Murray Rothbard, argued for a return to a gold-backed currency, while others, like Hayek, argued for free banking and the competitive issue of currency. Your assignment is to take up one of these positions -- or some other position, reflected off these alternatives -- and argue forcefully for it.