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Download Laissez-Faire Banking (Foundations of the Market Economy) by Kevin Dowd in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Laissez-Faire Banking (Foundations of the Market Economy)
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.
Detailed Information
| Author: | Kevin Dowd |
|---|---|
| Publication Year: | 1996 |
| ISBN: | 9780415137324 |
| Pages: | 389 |
| Language: | English |
| File Size: | 2.998 |
| Format: | |
| Price: | FREE |
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