
Abstract:
Monetary prices are not merely technical instruments of market exchange. They are the informational and moral architecture of economic civilization; the mechanism that transforms subjective human valuations into objective, quantifiable signals essential for voluntary cooperation, rational calculation, and genuine human flourishing. This paper advances the Africonomics theory of monetary prices, grounded in natural-moral law, that prevailing monetary economics has failed to provide. The paper establishes that money functions as society’s economic yardstick—the standard of account that measures economic value as kilograms measure weight and meters measure distance. Because monetary prices perform crucial functions, the integrity of the monetary unit is an economic, moral, and civilizational imperative. Fiat monetary systems corrupt the economic yardstick through inflation, interest rate manipulation, and artificial credit creation, distorting market outcomes and falsifying the informational foundation of economic civilization; thereby causing the resource misallocation, boom-bust cycles, structural injustice, and chronic instability that characterize the contemporary statist global order. Restoring sound money, represented in Africa by the Nilar, restores honest prices, rational coordination, and the monetary conditions necessary for genuine human flourishing.
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About the author

Manuel Tacanho
Manuel Tacanho is a social philosopher and economist; and the founder and president of the Afrindependent Institute.
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