Laissez Faire Banking
Seiten
1996
Routledge (Verlag)
978-0-415-13732-4 (ISBN)
Routledge (Verlag)
978-0-415-13732-4 (ISBN)
This volume documents the revival of free banking in recent years, combining chapters on the theory of laissez-faire banking, the historical experience of it and the solutions it might offer to current banking crises.
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.
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.
Kevin Dowd
Part 1 Free-Banking Theory: Automatic Stabilizing Mechanism Under Free Banking; Option Clauses and the Stability of a Laissez-Faire Monetary System; Monetary Freedom and Monetary Stability; Is Banking a Natural Monopoly?; Models of Banking Instability. Part 2 Historical Experience: Australian Free Banking; US Banking in the Free Banking Period; Money and Banking: The American Experience; Did Central Banks Evolve Naturally?; The Evolution of Central Banking in England, 1821-1890; The Evolution of Central Banking in England: A Reply to My Critics. Part 3 Monetary and Banking Reform: Stopping Inflation; Does Europe Need a Federal Reserve System?; Evaluating the Hard Ecu; The US Banking Crisis: The Way Out.
Erscheint lt. Verlag | 30.5.1996 |
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Reihe/Serie | Routledge Foundations of the Market Economy |
Verlagsort | London |
Sprache | englisch |
Maße | 138 x 216 mm |
Gewicht | 294 g |
Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung |
Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre | |
ISBN-10 | 0-415-13732-2 / 0415137322 |
ISBN-13 | 978-0-415-13732-4 / 9780415137324 |
Zustand | Neuware |
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Buch | Hardcover (2024)
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CHF 41,95