Free Banking and Monetary Reform
By (author) David Glasner
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Free Banking and Monetary Reform by David Glasner
Book DescriptionThe power of the state to issue currency and control the monetary system is so entrenched, and the presumption among economists that money must be supplied monopolistically by a central authority is so widespread, that the notion that money could be supplied competitively has rarely been taken seriously. This book boldly challenges the conventional view that the state must play a dominant role in the monetary system. Part I explores the historical evidence and examines how a well-developed monetary system might have developed without any special role for the state. Part II offers a theory for a competitive supply of money and uses it to shed light on the development of monetary theory and the course of monetary history over the past two centuries. In Part III the author outlines new proposals for monetary reform that will protect the financial system against instability and will ensure macroeconomic stability.
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Book DetailsISBN: 9780521361750
(228mm x 152mm x 21mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 25-Aug-1989
Country of Publication: United Kingdom
Books By Author David Glasner
Free Banking and Monetary Reform, Paperback (November 2005)
This book boldly challenges the conventional view that the state must play a dominant role in the monetary system.
Business Cycles and Depressions, Hardback (January 1997)» View all books by David Glasner
This encyclopedia offers 323 original articles covering every major aspect of the subject. It includes the work of over 200 experts in the field and includes such entries as Say's Law, Phillip's Curve and Eng.
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