解读“哈耶克命题”及其启示

Hayek's proposition:interpretation and contemplations

"哈耶克命题"的核心是货币的非国家化。"哈耶克命题"的基本含义是:货币与其他商品并无不同,通过私人发行者之间的竞争来供应,要好于政府的垄断发行。基于当前的国际金融危机,解读"哈耶克命题"获得的启示是:利用金融市场上的优胜劣汰机制和竞争机制,淘汰"劣质"金融产品、激励金融业保持并提升其特许经营权价值;创造非主权国际储备货币具有可能性,其前提条件是消除国际货币体系中的"霸权"。

The core of Hayek＇s proposition is currency denationalization,whose basic meaning is that currency,no different from other commodities,should be supplied by the winner in competition between private issuers,which is better than government monopoly.In light of the current international financial crisis,Hayek＇s proposition suggests that the mechanism of the survival of the fittest and that of competition in the financial market should be introduced to eliminate ＂inferior＂ financial products and push financial industry to maintain and enhance its value of operating concessions.It also suggests that it is possible to create the non-sovereign international reserve currency,the precondition of which is eliminating ＂hegemony＂ in the international monetary system.