Free Banking and Monetary Reform
Language: English
Published by Cambridge University Press, 1989
- Hardcover
- Used
Seller: World of Books Inc, Montgomery, IL, U.S.A.World of Books Inc
AbeBooks seller since March 23, 2026
Condition: Used - Good
£ 36.45
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The power of the state to issue currency and control the monetary system is so entrenched, and the presumption among economists that money must be supplied monopolistically by a central authority is so widespread, that the notion that money could be supplied competitively has rarely been taken seriously. This book boldly challenges the conventional view that the state must play a dominant role in the monetary system. Part I explores the historical evidence and examines how a well-developed monetary system might have developed without any special role for the state. Part II offers a theory for a competitive supply of money and uses it to shed light on the development of monetary theory and the course of monetary history over the past two centuries. In Part III the author outlines new proposals for monetary reform that will protect the financial system against instability and will ensure macroeconomic stability.
Seller Inventory # CIN0521361753G
- Title
- Free Banking and Monetary Reform
- Author
- David Glasner
- Publisher
- Cambridge University Press
- Publication year
- 1989
- Condition
- Good
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0521361753
- ISBN 13
- 9780521361750
"Synopsis" may belong to another edition of this title.
Review
'Glasner provides an excellent review of monetary history, insightful discussions of such monetary innovations as the development of the Eurocurrency market and money market mutual funds, and incisive analyses of recent monetary problems like the deregulation of savings and loan associations and the insurance of bank deposits. This timely and lucid book on such a controversial issue deserves a wide audience.' Choice
' ... important new book ...' Lawrence H. White, Journal of Monetary Economics
"About the title" may belong to another edition of this title.
World of Books Inc
Montgomery, IL, U.S.A.
AbeBooks seller since March 23, 2026
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