Laissez Faire Banking paperback english - 1 July 1996
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| Publisher | Taylor And Francis Ltd |
| ISBN 13 | 9780415137324 |
| ISBN 10 | 0415137322 |
| Author | Kevin Dowd |
| Language | English |
| Book 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. |
| Publication Date | 1 July 1996 |
| Number of Pages | 392 |
Laissez Faire Banking paperback english - 1 July 1996
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