Free banking in Britain : theory, experience, and debate, 1800-1845
著者
書誌事項
Free banking in Britain : theory, experience, and debate, 1800-1845
Institute of Economic Affairs, 1995
2nd ed, rev. and extended
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注記
Revision of thesis (Ph. D.)--U.C.L.A., 1982?
Bibliography: p. 151-169
Includes index
内容説明・目次
内容説明
Free banking, generically speaking, denotes a monetary system without a central bank, under which the issuing of currency is left to private banks. This book explores how this could work in practice by examining how this has worked historically, specifically in the United Kingdom in the early 19th century. After building a theory of free banking, its central chapters explore the history of Scotlands experience of free banking and the contemporary policy debate over the question of whether Parliament should allow free banking in England. The final chapters bring the debate forward and examine how free banking could work in modern times. The result is a significantly revised and update edition of a book about privately issued currency.
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