03542nam 2200721Ia 450 991082903060332120200520144314.01-134-82576-51-280-33358-80-203-28341-40-203-02294-710.4324/9780203022948 (CKB)1000000000248043(EBL)169619(OCoLC)808011998(SSID)ssj0000277151(PQKBManifestationID)11214328(PQKBTitleCode)TC0000277151(PQKBWorkID)10234152(PQKB)10459434(SSID)ssj0000108733(PQKBManifestationID)11114306(PQKBTitleCode)TC0000108733(PQKBWorkID)10044004(PQKB)11612556(MiAaPQ)EBC169619(Au-PeEL)EBL169619(CaPaEBR)ebr10057310(CaONFJC)MIL33358(OCoLC)1000437490(EXLCZ)99100000000024804319951219d1996 uy 0engur|n|---|||||txtccrBank deregulation and monetary order /George Selgin1st ed.London ;New York Routledge19961 online resource (299 p.)Routledge international studies in money and banking ;2Description based upon print version of record.1-138-98767-0 0-415-14056-0 Includes bibliographical references and indexes.Book Cover; Title; Contents; List of illustrations; Acknowledgements; INTRODUCTION; HOW WOULD THE INVISIBLE HAND HANDLE MONEY? (with Lawrence H.White); THE EVOLUTION OF A FREE BANKING SYSTEM (with Lawrence H.White); THE RATIONALIZATION OF CENTRAL BANKS; THE STABILITY AND EFFICIENCY OF MONEY SUPPLY UNDER FREE BANKING; COMMERCIAL BANKS AS PURE INTERMEDIARIES Between ~old~ and ~new~ views; FREE BANKING AND MONETARY CONTROL; MONETARY EQUILIBRIUM AND THE PRODUCTIVITY NORM OF PRICE-LEVEL POLICY; THE ~PRODUCTIVITY NORM~ VERSUS ZERO INFLATION IN THE HISTORY OF ECONOMIC THOUGHTARE BANKING CRISES FREE-MARKET PHENOMENA?LEGAL RESTRICTIONS, FINANCIAL WEAKENING, AND THE LENDER OF LAST RESORT; IN DEFENSE OF BANK SUSPENSION; BANK-LENDING ~MANIAS~ IN THEORY AND HISTORY; IndexCan the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis. The volume is divided into three sections: * Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system. * Part II draws on both theory and historical experience to show how various kinds of government interference undermine the inherenRoutledge international studies in money and banking ;2.Banks and bankingState supervisionFinancial institutionsState supervisionBanks and bankingState supervision.Financial institutionsState supervision.332.46Selgin George A.1957-119266MiAaPQMiAaPQMiAaPQBOOK9910829030603321Bank Deregulation and Monetary Order467557UNINA