
Murray Rothbard's sharpest case for 100% gold-backed money, free through August 31. No fractional reserves, no government control — just gold and property rights.
The Mises Institute is giving away a free copy of Murray Rothbard's The Case for a 100 Percent Gold Dollar through August 31, part of its Year of Rothbard series.
The book is one of Rothbard's sharpest arguments for sound money. He insists money should rest on a market commodity – gold – free of political control. The core claim is that demand deposits and banknotes must be backed 100 percent by physical gold, with no fractional reserve banking at all. Fractional reserves, Rothbard writes, are essentially fraudulent: they create competing claims to the same property, a violation of property rights.
Rothbard does not call for a simple return to the pre-1933 gold standard. That system, he argues, was already compromised because governments and banks had built an inflationary pyramid of unbacked paper claims on top of gold. The 1930s abandonment of gold was the culmination of a long process of intervention, not an isolated break. His alternative is a monetary system built on gold, redemption, and property rights, with no room for government meddling or fractional lending.
Orders are limited to five copies per person. The offer runs through August 31. A new Rothbard giveaway will start September 1.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.