Laissez-faire Banking by Kevin K. Dowd
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Laissez-faire Banking
By Kevin K. Dowd

Laissez-faire Banking

By (author) See other recent books by Kevin K. Dowd
Format: Hardback

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Laissez-faire Banking by Kevin K. Dowd

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.

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Book Details

ISBN: 9780415085847
ISBN-10: 0415085845
Format: Hardback
(216mm x 138mm x 25mm)
Pages: 400
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 11-Mar-1993
Country of Publication: United Kingdom

Other Editions...


Books By Author Kevin K. Dowd

Alchemists of Loss by Kevin K. Dowd Alchemists of Loss, Hardback (May 2010)

An engaging look at how modern finance almost destroyed our global economy Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector.

Measuring Market Risk by Kevin K. Dowd Measuring Market Risk, Hardback (May 2005)

Includes a chapter on options risk management, as well as information on parametric risk, non-parametric measurements and liquidity risks. This title also includes practical information to help with specific calculations, and various examples including Q&A's and case studies. It is accompanied by a CD-ROM.

Introduction to Market Risk Measurement by Kevin K. Dowd Introduction to Market Risk Measurement, Paperback (August 2002)

Gives an introduction to market risk that is geared towards the needs of the postgraduate students studying financial risk management. This title includes a CD-ROM that contains Excel workbooks and a Matlab manual and software.

Money and the Market by Kevin K. Dowd Money and the Market, Hardback (November 2000)

This book argues that state intervention into financial and monetary systems has failed and that we would be better off if financial markets were left to regulate themselves. The book will appeal to monetary and finance students and professionals

» View all books by Kevin K. Dowd

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Recent books by Kevin K. Dowd close
Alchemists of Loss by Kevin K. Dowd
Measuring Market Risk by Kevin K. Dowd
Introduction to Market Risk Measurement by Kevin K. Dowd
Money and the Market by Kevin K. Dowd
Beyond Value at Risk by Kevin K. Dowd
Laissez-faire Banking by Kevin K. Dowd
»
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