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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.
| Autorius: | Kevin Dowd |
| Leidėjas: | Routledge |
| Išleidimo metai: | 1993 |
| Knygos puslapių skaičius: | 392 |
| ISBN-10: | 0415085845 |
| ISBN-13: | 9780415085847 |
| Formatas: | 222 x 145 x 27 mm. Knyga kietu viršeliu |
| Kalba: | Anglų |
Parašykite atsiliepimą apie „Laissez Faire Banking“
