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Bank deregulation and monetary order / / George Selgin



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Autore: Selgin George A. <1957-> Visualizza persona
Titolo: Bank deregulation and monetary order / / George Selgin Visualizza cluster
Pubblicazione: London ; ; New York, : Routledge, 1996
Edizione: 1st ed.
Descrizione fisica: 1 online resource (299 p.)
Disciplina: 332.46
Soggetto topico: Banks and banking - State supervision
Financial institutions - State supervision
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references and indexes.
Nota di contenuto: 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 THOUGHT
ARE 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; Index
Sommario/riassunto: Can 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 inheren
Titolo autorizzato: Bank Deregulation and Monetary Order  Visualizza cluster
ISBN: 1-134-82576-5
1-280-33358-8
0-203-28341-4
0-203-02294-7
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910829030603321
Lo trovi qui: Univ. Federico II
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Serie: Routledge international studies in money and banking ; ; 2.