In this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors present a fascinating intellectual history of monetary na.

Contents -- Tables -- Acknowledgments -- About the Authors -- Introduction and Executive Summary -- I The Development and Performance of Institutional Investors -- 1 The Development of Institutional Investors -- 2 Investment Behavior and Performance of Institutional Investors -- II The Industry...

Winner of the 2010 Hayek Book Prize given by the Manhattan Institute"Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."-Doug Bandow, The Washington TimesIn this keenly...