The Natural Economic Order

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The Natural Economic Order (German: Die natürliche Wirtschaftsordnung durch Freiland und Freigeld, in short NWO; published in Bern in 1916) is considered Silvio Gesell's most important book.[1] It is a work on monetary reform and land reform. It attempts to provide a solid basis for economic liberalism in contrast to the 20th-century trend of collectivism and planned economy.[2]

The work was translated into English by Philip Pye in 1929.


  1. ^ Maximilian May, Capitalism - Money Interest and Assets: A critical approach to discern inconsistencies, GRIN Verlag, 2011, p. 82.
  2. ^ Silvio Gesell, Natural Economic Order, T G S, 2007.

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