Laissez Faire Banking

Name: Laissez Faire Banking
Author: Kevin (University of Nottingham, UK) Dowd

Specificaties

Gebonden, 400 blz. | Engels

Taylor & Francis | 1e druk, 1993

ISBN13: 9780415085847

Rubricering

Juridisch :

Taylor & Francis 1e druk, 1993 9780415085847

Onderdeel van serie Routledge Foundations of the Market Economy

Verwachte levertijd ongeveer 11 werkdagen

208,42

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Samenvatting

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.