158th mBank – CASE Seminar “Is Non-State Money Possible?"
mBank and CASE – Center for Social and Economic Research
cordially invite you to:
the 158th mBank – CASE Seminar
“Is Non-State Money Possible?”
Prof. George Selgin – senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute
The seminar will take place on October 18, 2018 from 3:00 to 5:00 pm
at mBank S.A. head office, Senatorska 18, room 5.3, 5th floor, Warsaw
About the seminar:
The rise of Bitcoin and other blockchain-based ‘cryptocurrencies’ has caused many to wonder whether a fully decentralized or ‘non-State’ monetary systems is possible and, if it is, whether such a system could work well. Cryptocurrency fans are quick to answer “Yes!” to both questions. They are right to do so. But the best proof of the potential merits of non-state money comes, not from recent experience with cryptocurrencies, but from various episodes in economic history. Mr. Selgin in his talk will explore some of those episodes and will explain whether cryptocurrency might supply the basis for successful non-state monetary systems of the future, and under what circumstances.
Languages of the seminar: English (simultaneous translation to Polish will be provided).
George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. He is the author of The Theory of Free Banking (Rowman & Littlefield, 1988); Bank Deregulation and Monetary Order (Routledge, 1996); Less Than Zero: The Case for a Falling Price Level in a Growing Economy (The Institute of Economic Affairs, 1997); Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage (University of Michigan Press, 2008) and Money: Free and Unfree. Selgin is one of the founders, along with Kevin Dowd and Lawrence H. White, of the Modern Free Banking School, which draws its inspiration from the writings of F. A. Hayek on denationalization of money and choice in currency. Selgin has written for numerous scholarly journals, including the British Numismatic Journal; the Economic Journal; the Economic History Review; the Journal of Economic Literature; and the Journal of Money, Credit, and Banking; and for popular outlets such as the Christian Science Monitor, the Financial Times, and the Wall Street Journal, among others. Selgin holds a BA in economics and zoology from Drew University, and a PhD in economics from New York University.
Photo: Flickr, QuoteInspector