Get 2 top 10 audiobooks free with a LoveReading exclusive

LoveReading has teamed up with Audiobooks.com to give you the chance to get 2 free audiobooks when you sign up. Try it for 30 days for free with no strings attached. You can cancel anytime, although we're sure you'll love it. Click the button to find out more:

Find out more

Laissez Faire Banking

by Kevin K. Dowd

Part of the Routledge Foundations of the Market Economy Series

Laissez Faire Banking 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.

Book Information

ISBN: 9780415085847
Publication date: 11th March 1993
Author: Kevin K. Dowd
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Hardback
Pagination: 400 pages
Categories: Banking,

About Kevin K. Dowd

More About Kevin K. Dowd

Share this book