Laissez-faire banking
Author(s)
Bibliographic Information
Laissez-faire banking
(Foundations of the market economy series / edited by Mario J. Rizzo and Lawrence H. White)
Routledge, 1993
- pbk.
Available at 42 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Paperback edition first published 1996
Description and Table of Contents
Description
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.
Table of Contents
- Part 1 Free-Banking Theory: Automatic Stabilizing Mechanism Under Free Banking
- Option Clauses and the Stability of a Laissez-Faire Monetary System
- Monetary Freedom and Monetary Stability
- Is Banking a Natural Monopoly?
- Models of Banking Instability. Part 2 Historical Experience: Australian Free Banking
- US Banking in the Free Banking Period
- Money and Banking: The American Experience
- Did Central Banks Evolve Naturally?
- The Evolution of Central Banking in England, 1821-1890
- The Evolution of Central Banking in England: A Reply to My Critics. Part 3 Monetary and Banking Reform: Stopping Inflation
- Does Europe Need a Federal Reserve System?
- Evaluating the Hard Ecu
- The US Banking Crisis: The Way Out.
by "Nielsen BookData"