Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - Money and the Market by Kevin K. Dowd

In this volume of essays Kevin Dowd presents a strong case, that state intervention into financial and monetary systems has manifestly failed, and that we would be better off if central banks were abolished and governments stopped interfering with financial markets. Instead, he argues that financial markets should be left to regulate themselves; market forces would then deliver an efficient financial system, sound money and a strong safe system. Money and the Market falls into three parts: * Part I deals with the theory of free banking and begins with a presentation of the essence of the case in its favour. It is followed by essays examining the arguments put forward for particular forms of state intervention, the role of the invisible hand in the evolution of the monetary system, and asks whether we can blame laissez-faire for the instability we observe in contemporary financial markets. * Part II explores the monetary regime under laissez-faire and asks whether we would want the price level to move in line with productivity changes. Further essays look at Irving Fisher's 'compensated dollar' and monetary reform in Eastern Europe * Part III examines a variety of diverse policy issues - arguments for restricting international capital flows, the drive towards Monetary Union, monetary policy in the twenty-first century, the future of gold, the bailout of Long-Term Capital Management in 1998, and the Financial Services Act in the UK. This collection will be of considerable interests to students, researchers and policy-makers in the monetary and financial area.

Buy Money and the Market by Kevin K. Dowd from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780415242127
ISBN-10: 0415242126
Format: Hardback
(229mm x 152mm x mm)
Pages: 244
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 23-Nov-2000
Country of Publication: United Kingdom

Other Editions - Money and the Market by Kevin K. Dowd

Book Reviews - Money and the Market by Kevin K. Dowd

» Have you read this book? We'd like to know what you think about it - write a review about Money and the Market book by Kevin K. Dowd and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review

Author Biography - Kevin K. Dowd

Kevin Dowd is Professor of Financial Risk Management at the University of Nottingham Business School and adjunct scholar at the CATO Institute in Washington.

Books By Kevin K. Dowd

Introduction to Market Risk Measurement by Kevin K. Dowd
Paperback, August 2002
Money and the Market by Kevin K. Dowd
Paperback, December 2000
Beyond Value at Risk by Kevin K. Dowd
Paperback, March 1998
Laissez-faire Banking by Kevin K. Dowd
Paperback, May 1996