An MP3 audio file of this article, read by Floy Lilley, is available for download. Studying Jörg Guido Hülsmann’s latest book, The Ethics of Money Production, is a vastly enriching experience. After building his case for natural money on the inviolability of an individual’s right to his own property, he then shows us how the state has spent the last 400 years usurping this right for the benefit of a privileged few through its protection of fractional-reserve banking. It is the state’s insatiable appetite for revenue, he argues, that is the motivation behind the various monetary schemes it imposes on … Continue reading The Case for Natural Money