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.
| ISBN: | 9781138987678 |
| Publication date: | 21st December 2015 |
| Author: | George Selgin |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 300 pages |
| Series: | Routledge International Studies in Money and Banking |
| Genres: |
Monetary economics |
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.
Bank Deregulation & Monetary Order features in the following genres: Monetary economics
Bank Deregulation & Monetary Order is available in Paperback, Ebook, Hardback
Bank Deregulation & Monetary Order was written by George Selgin and published by Routledge an imprint of Taylor & Francis Ltd
Bank Deregulation & Monetary Order has 300 pages
Yes it is part of Routledge International Studies in Money and Banking series
£44.09