Lysander Spooner
eBook, ePUB

A New Banking System (eBook, ePUB)

The Needful Capital for Rebuilding the Burnt District

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In "A New Banking System," Lysander Spooner presents a groundbreaking exploration of banking reform and monetary policy, framed within a libertarian critique of government involvement in finance. Spooner employs a clear, persuasive literary style that engages the reader while dissecting the flaws of contemporary banking practices of his time. He argues that a decentralized banking system, based on voluntary contracts and free competition, would foster economic stability and prosperity, drawing on philosophical and economic thought that resonates with the Enlightenment ideals of liberty and ind...

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