What Has Government Done to Our Money? ethical agenda. Both essays are normally found together in one binding. In "The Case for a 100 Percent Gold Dollar", Rothbard explains how having a currency permanently fixed by law at a certain weight in gold, and always redeemable in gold, greatly incentivizes governments and banks to be much more ethical, civil, and honest in their lending methods, accounting methods, and in their honorable pursuits of other profits related to managing and supplying money to society. He shows how any money, backed by gold or not, is a commodity. He argues any commodity could become a money and that every
Commodity pathway diversion seen as a commodity by one person and something else by another. Such shifts and differences in whether and when a thing is a commodity reveal a moral economy that stands behind the objective economy of visible transactions. In his discussion of commoditization, he also presents the idea of singularization which occurs because "there are things that are publicly precluded from being commoditized…[and are] sometimes extended to things that are normally commodities—in effect, commodities are singularized by being pulled out of their commodity sphere." Kopytoff goes on to describe ways in which commodities can be singularized, for example, through restricted