Can the "invisible hand" handle money? In this collection of essays George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary and banking crises. Written by one of the leading contributors to the debate on free or laissez-faire banking, Bank Deregulation and Monetary Order is bound to provoke controversy while stimulating further research. It will be of great interest to students and researchers in monetary economics, banking and economic policy.
Can the "invisible hand" handle money? In this collection of essays George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary and banking crises. Written by one of the leading contributors to the debate on free or laissez-faire banking, Bank Deregulation and Monetary Order is bound to provoke controversy while stimulating further research. It will be of great interest to students and researchers in monetary economics, banking and economic policy.
George Selgin is Associate Professor of Economics at the University of Georgia
Inhaltsangabe
INTRODUCTION Part I The nature of free banking 1 HOW WOULD THE INVISIBLE HAND HANDLE MONEY? (with Lawrence H.White) 2 THE EVOLUTION OF A FREE BANKING SYSTEM (with Lawrence H.White) 3 THE RATIONALIZATION OF CENTRAL BANKS Part II Macroeconomic consequences of deregulation 4 THE STABILITY AND EFFICIENCY OF MONEY SUPPLY UNDER FREE BANKING 5 COMMERCIAL BANKS AS PURE INTERMEDIARIES Between "old" and "new" views 6 FREE BANKING AND MONETARY CONTROL 7 MONETARY EQUILIBRIUM AND THE PRODUCTIVITY NORM OF PRICE-LEVEL POLICY 8 THE "PRODUCTIVITY NORM" VERSUS ZERO INFLATION IN THE HISTORY OF ECONOMIC THOUGHT Part III The regulatory sources of monetary disorder 9 ARE BANKING CRISES FREE-MARKET PHENOMENA? 10 LEGAL RESTRICTIONS, FINANCIAL WEAKENING, AND THE LENDER OF LAST RESORT 11 IN DEFENSE OF BANK SUSPENSION 2 BANK-LENDING "MANIAS" IN THEORY AND HISTORY
INTRODUCTION Part I The nature of free banking 1 HOW WOULD THE INVISIBLE HAND HANDLE MONEY? (with Lawrence H.White) 2 THE EVOLUTION OF A FREE BANKING SYSTEM (with Lawrence H.White) 3 THE RATIONALIZATION OF CENTRAL BANKS Part II Macroeconomic consequences of deregulation 4 THE STABILITY AND EFFICIENCY OF MONEY SUPPLY UNDER FREE BANKING 5 COMMERCIAL BANKS AS PURE INTERMEDIARIES Between "old" and "new" views 6 FREE BANKING AND MONETARY CONTROL 7 MONETARY EQUILIBRIUM AND THE PRODUCTIVITY NORM OF PRICE-LEVEL POLICY 8 THE "PRODUCTIVITY NORM" VERSUS ZERO INFLATION IN THE HISTORY OF ECONOMIC THOUGHT Part III The regulatory sources of monetary disorder 9 ARE BANKING CRISES FREE-MARKET PHENOMENA? 10 LEGAL RESTRICTIONS, FINANCIAL WEAKENING, AND THE LENDER OF LAST RESORT 11 IN DEFENSE OF BANK SUSPENSION 2 BANK-LENDING "MANIAS" IN THEORY AND HISTORY
Es gelten unsere Allgemeinen Geschäftsbedingungen: www.buecher.de/agb
Impressum
www.buecher.de ist ein Shop der buecher.de GmbH & Co. KG Bürgermeister-Wegele-Str. 12, 86167 Augsburg Amtsgericht Augsburg HRA 13309
