Laissez Faire Banking Hardback
by Kevin Dowd
Part of the Routledge Foundations of the Market Economy series
Hardback
Description
The idea of free (or laissez-faire) banking has enjoyed a remarkable renaissance in recent years.
It is a novel idea that challenges much of what many banking scholars still take for granted - that banking is inherently unstable, that the banking system needs a lender of last resort or deposit insurance to defend it in a crisis, and that the Government has to protect the value of the currency.
Against this free banking sets an argument which is in essence very simple: if markets are generally better at allocating resources than governments, then what is different about money and the industry that provides it and why? "Laissez-Faire Banking" is divided into three inter-related sections, dealing with the theory of free banking, historical experiences of it and present-day monetary and banking reforms based on free banking principles.
Information
-
Out of stock
- Format:Hardback
- Pages:400 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:11/03/1993
- Category:
- ISBN:9780415085847
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Information
-
Out of stock
- Format:Hardback
- Pages:400 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:11/03/1993
- Category:
- ISBN:9780415085847
