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" Free Banking and Monetary Reform / "
David Glasner.
Document Type
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BL
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Record Number
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1015610
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Doc. No
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b769980
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Main Entry
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Glasner, David.
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Title & Author
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Free Banking and Monetary Reform /\ David Glasner.
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Publication Statement
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Cambridge :: Cambridge University Press,, 1989.
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Page. NO
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1 online resource (296 pages)
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ISBN
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051152840X
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: 0521022517
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: 0521361753
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: 9780511528408
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: 9780521022514
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: 9780521361750
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Notes
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Title from publishers bibliographic system (viewed on 22 Dec 2011).
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Abstract
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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.
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Subject
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Banks and banking.
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Subject
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Monetary policy.
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Subject
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Money supply.
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Subject
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Banks and banking.
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Subject
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Monetary policy.
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Subject
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Money supply.
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Dewey Classification
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332.4/6
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LC Classification
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HG226.3.G57 1989
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