Microeconomic Foundations of Monetary Theory - Working Papers
Inspired by Hayek's book "The Denationalisation of Money", I set out years ago to do a dissertation at Stanford on the topic. Life got in the way. I've had some original ideas over the years, and I'd like to get feedback on them before I publish them in an open-access journal. With the rise of Bitcoin, the need for a general theory of money has become more pressing.
I hope to address some of the confusion I see and hear, most recently in a major-media blog by another Nobel-laureate economist.