Competition and Currency"Lawrence H. White deals with a major issue of the 1990sreprivatization of money. He makes a cogent argument and presents evidence that private, competing currencies would provide more monetary stability than do central banks. Surprisingly enough, modern private money may emerge first in Eastern Europe, where the gap between the economy's need and the government's money is greates." Richard Rahn, Vice President and Chief Economists, U. S. Chamber of