Bank Deregulation & Monetary Order

Paperback Engels 2015 9781138987678
€ 74,39
Levertijd ongeveer 11 werkdagen
Gratis verzonden

Samenvatting

Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis.
The volume is divided into three sections:
* Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system.
* Part II draws on both theory and historical experience to show how various kinds of government interference undermine the inherent efficiency, safety, and stability of a free monetary system.
* Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

Specificaties

ISBN13:9781138987678
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:300
Uitgever:Taylor & Francis Ltd

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Inhoudsopgave

INTRODUCTION Part I The nature of free banking 1 HOW WOULD THE INVISIBLE HAND HANDLE MONEY? (with Lawrence H.White) 2 THE EVOLUTION OF A FREE BANKING SYSTEM (with Lawrence H.White) 3 THE RATIONALIZATION OF CENTRAL BANKS Part II Macroeconomic consequences of deregulation 4 THE STABILITY AND EFFICIENCY OF MONEY SUPPLY UNDER FREE BANKING 5 COMMERCIAL BANKS AS PURE INTERMEDIARIES Between “old” and “new” views 6 FREE BANKING AND MONETARY CONTROL 7 MONETARY EQUILIBRIUM AND THE PRODUCTIVITY NORM OF PRICE-LEVEL POLICY 8 THE “PRODUCTIVITY NORM” VERSUS ZERO INFLATION IN THE HISTORY OF ECONOMIC THOUGHT Part III The regulatory sources of monetary disorder 9 ARE BANKING CRISES FREE-MARKET PHENOMENA? 10 LEGAL RESTRICTIONS, FINANCIAL WEAKENING, AND THE LENDER OF LAST RESORT 11 IN DEFENSE OF BANK SUSPENSION 2 BANK-LENDING “MANIAS” IN THEORY AND HISTORY

Managementboek Top 100

€ 74,39
Levertijd ongeveer 11 werkdagen
Gratis verzonden

Rubrieken

    Personen

      Trefwoorden

        Artikelen

          Bank Deregulation & Monetary Order