Free banking, generically speaking, detes a monetary system without a central bank, under which the issuing of currency is left to private banks. This book explores how this could work in practice by examining how this has worked historically, specifically in the United Kingdom in the early 19th century. After building a theory of free banking, its central chapters explore the history of Scotlands experience of free banking and the contemporary policy debate over the question of whether Parliament should allow free banking in England. The final chapters bring the debate forward and examine how free banking could work in modern times. The result is a significantly revised and update edition of a book about privately issued currency.
Product Identifiers
Publisher
Institute of Economic Affairs
ISBN-10
0255363753
ISBN-13
9780255363754
eBay Product ID (ePID)
106985808
Product Key Features
Author
Lawrence H. White
Format
Paperback
Language
English
Subject
Finance & Accounting
Additional Product Features
Place of Publication
London
Date of Publication
19/01/1996
Imprint
Institute of Economic Affairs
Edition Statement
2nd Revised Edition
Country of Publication
United Kingdom
Best Selling in School Textbooks & Study Guides
Current slide {CURRENT_SLIDE} of {TOTAL_SLIDES}- Best Selling in School Textbooks & Study Guides