ИПИ Библиотека

The first sentence of this provocative book reads: “Money—as we know it—is coming to an end.” Money “as we know it” consists of cash (notes and coins) issued by government and checkable deposits issued by regulated banks. Paying with cash preserves your privacy, but is inconvenient for many transactions. Paying by check or debit card (or by credit card) compromises your privacy because the government can look at your bank records. Soon there will be a better alternative. Richard W. Rahn enthusiastically describes new “non-governmental digital money” technologies that combine the privacy of cash with the convenience of electronic deposit transfer. The central thesis of his book is that these new technologies will spread widely, and—rather like the spread of Gutenberg’s technology of movable type 500 years ago—will have profoundly liberating implications. – Lawrence H. White

"Richard Rahn is that rare, rare bird, an economist who can explain arcane matters in easy-to-understand language. Get the latest dope, in plain language, on the world banking and currency crisis, the techniques and importance of "foreign" bank accounts, and how modern technology may spell the ultimate demise to intrusive and totalitarian governments." -- Henry G. Manne, founder of the Law and Economics Center, and former Dean of George Mason University Law School

""Richard Rahn persuasively argues how the coming digital money revolution will make lower tax rates and radical tax simplification inevitable." -- Jack Kemp, Co-Founder of Empower America

"The End of Money is a call to arms to defend individual liberty. Than demonstrates how inextricably linked financial privacy is to our fundamental freedoms, and why we must fight for it." -- Mack F. Mattingly, former US Senator and Ambassador

Richard W. Rahn

Richard W. Rahn, Senior Fellow of the Seattle-based Discovery Institute, is founder of the Novecon companies whose products range from advanced semiconductor substrates and devices to international financial services.

He received his Ph.D. from Columbia University in 1972, taught in several graduate schools and served as head of the graduate Department of Management of the Polytechnic University of New York. During the 1980s, he was Vice President and Chief Economist of the US Chamber of Commerce, helping to shape important tax reforms of that decade. He served as an economic advisor to US and foreign government officials and coordinated several economic transition teams in Eastern Europe.

Dr. Rahn is a frequent commentator on economic issues in the news media and has testified before the US Congress on tax and economic policy issues more than seventy-five times.

He works in Washington, D.C. and lives in Northern Virginia. In addition to his business role and Discovery Institute position, he serves as an adjunct scholar of Cato Institute and an adjunct fellow of Hudson Institute.