LAISSEZ-FAIRE BANKING by Kevin K. Dowd ( 9780415085847 ) - Books & Audio Books at Pickabook.co.uk

Item Details

Title:

LAISSEZ-FAIRE BANKING

By:

Kevin K. Dowd

Format:

Hardback

List price:

£155.00

Our price:

£139.50

Discount:

10% off

You save:

£15.50

ISBN 10:

0415085845

ISBN 13:

9780415085847

Availability:

Usually dispatched within 1-3 weeks.

Delivery rates

Stock:

Currently 0 available

Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

11 March, 1993

Series:

Routledge Foundations of the Market Economy

Pages:

400

Description:

This documents the revival of free banking in recent years, combining chapters on the theory of laissez-faire banking, the historical experience of it and the solutions it might offer to current banking crises.

Synopsis:

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.

Illustrations:

Illustrations

Publication:

Imprint:

Routledge

Returns:

Returnable

Some other items by this author:

ALCHEMISTS OF LOSS