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# Monetary Alternatives: Rethinking Government Fiat Money 

March 2017 • Published By Cato Institute 

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

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](https://www.barnesandnoble.com/w/monetary-alternatives-james-a-dorn/1125906476?ean=9781944424442) 

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What monetary system best serves society? The current system of pure government fiat monies, managed by discretionary central banks, is inefficient and unstable. *Monetary Alternatives* explores fundamental and controversial ideas that move our monetary system and economy beyond repeated crises to sustainable stability and prosperity. The contributors to this volume energetically question the status quo and provide compelling arguments for moving to a monetary system based on freedom and the rule of law.

##### About the Editor 

James A. Dorn is Vice President for Monetary Studies, Editor of the Cato Journal, Senior Fellow, and Director of Cato’s annual monetary conference. He has written widely on Federal Reserve policy and monetary reform, and is an expert on China’s economic liberalization. He has edited more than ten books, including *The Search for Stable Money* (with Anna J. Schwartz), *The Future of Money in the Information Age*, and *China in the New Millennium*.