Some people have said: Rothbard tells us what is wrong with money but not what to do about it. The Mises Institute has united the book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. They are available together — What Has Government Done to Our Money? and ‘The Case for the 100 Percent Gold Dollar’ — in this print edition, and now also in this free podcast.
Murray Rothbard concluded his 100% Gold Dollar proposal this way:
There is no gainsaying the fact that this suggested program will strike most people as impossibly “radical” and “unrealistic”; any suggestion for changing the status quo, no matter how slight, can always be considered by someone as too radical, so that the only thoroughgoing escape from the charge of impracticality is never to advocate any change whatever in existing conditions. But to take this approach is to abandon human reason, and to drift in animal- or plant-like manner with the tide of events. As Professor Philbrook pointed out in a brilliant article some years ago ["'Realism' in Policy Espousal," American Economic Review (December 1953)], we must frame our policy convictions on what we believe the best course to be and then try to convince others of this goal, and not include within our policy conclusions estimates of what other people may find acceptable. For someone must propagate the truth in society, as opposed to what is politically expedient. If scholars and intellectuals fail to do so if they fail to expound their convictions of what they believe the correct course to be, they are abandoning truth, and therefore abandoning their very raison d’être. All hope of social progress would then be gone, for no new ideas would ever be advanced nor effort expended to convince others of their validity.
If you would like to give the audiobook as a gift, an MP3 CD version will soon be available in the store.