Angelo State to host bitcoin presentation
Lawrence H. White, professor of economics at George Mason University in Virginia, will give a special guest presentation at Angelo State University at 5:30 p.m. Thursday, in the Mathematics-Computer Science (MCS) Building, 2200 Dena Dr.
Sponsored by the Texas Tech University Free Market Institute at Angelo State University, White’s presentation will take place in Room 100 of the MCS Building and is free and open to the public.
In his presentation based on his book, “Better Money: Gold, Fiat, or Bitcoin,” White will discuss the stability of purchasing power and cost of supply for gold, fiat, and cryptocurrencies. Throughout most of history, the two real standards of currency have been gold and fiat (publicly issued) money. The relatively recent creation of Bitcoin and other cryptocurrencies has allowed people to have an additional standard of cash. White will attempt to answer the question “Is one type of money better than the others?”
White is also a senior fellow at the Cato Institute’s public policy think tank, specializing in the theory and history of banking and money. He is also a Distinguished Senior Fellow at the FA Hayek Program for Advanced Study in Philosophy, Politics and Economics in the Mercatus Center at George Mason University. He has previously served as a visiting researcher at the American Institute for Economic Research, a visiting lecturer at the Swiss National Bank and a visiting fellow at the Federal Reserve Bank of Atlanta.
According to an ASU press release, White is also the author of “The Class of Economic Ideas”, “The Theory of Monetary Institutions”, “Free Banking in Britain” and “Competition and Currency”. His articles on monetary theory and banking history have appeared in the American Economic Review, the Journal of Economic Literature, the Journal of Money, Credit, and Banking, and other leading journals. He is also co-editor of the Econ Journal Watch and a member of the Board of Associate Editors for the Review of Austrian Economics. In 2014 he received the Adam Smith Award from the Association for Private Enterprise Education.
The Texas Tech University Free Market Institute at Angelo State University aims to advance research and teaching related to the free enterprise system and the institutional environment necessary for it to function well, and to support the missions of the ASU Norris-Vincent College of Business. The institute also develops and operates student and public programming for the benefit of ASU students and the San Angelo community.
