Get Free Shipping on orders over $0
Free Banking and Monetary Reform - No Information Available

Free Banking and Monetary Reform

By: No Information Available

Hardcover | 8 January 1990

At a Glance

Hardcover


RRP $127.95

$116.75

or 4 interest-free payments of $29.19 with

 or 

Ships in 5 to 7 business days

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.
Industry Reviews
'For nearly a century, monetary theorists have been searching for their Holy Grail: a way to figure just the right amount of money to keep the economy on an even keel. Now two more pilgrim-scholars, David Glasner, an economist at the Federal Trade Commission, and Earl Thompson, a professor at the University of California at Los Angeles, are hot on the trail. It is too early to say whether their clever variation on a long forgotten proposal of the great pre-Keynesian economist, Irving Fisher, will stand up to critical scrutiny. But the idea, described in...readable detail in Mr. Glasner's new book, Free Banking and Monetary Reform should intrigue anyone who thinks that even the Federal Reserve Board can make mistakes.' Peter Passell, The New York Times 'Glasner provides an excellent review of monetary history, insightful discussions of such monetary innovations as the development of the Eurocurrency market and money market mutual funds, and incisive analyses of recent monetary problems like the deregulation of savings and loan associations and the insurance of bank deposits. This timely and lucid book on such a controversial issue deserves a wide audience.' Choice ' ... important new book ...' Lawrence H. White, Journal of Monetary Economics

Other Editions and Formats

Paperback

Published: 10th November 2005

More in Macroeconomics

Planet Money : A Guide to the Economic Forces That Shape Your Life - Alex Mayyasi
The Common Good Economy : A New Compass - Mariana Mazzucato

RRP $39.99

$31.75

21%
OFF
Money Beyond Borders : Global Currencies from Croesus to Crypto - Barry Eichengreen
Beyond Money : A Postcapitalist Strategy - Anitra Nelson

RRP $41.95

$33.75

20%
OFF
Skin in the Game : Hidden Asymmetries in Daily Life - Nassim Nicholas Taleb
Macroeconomics : 5th Edition - Olivier Blanchard

RRP $165.95

$149.75

10%
OFF
Foundations of Macroeconomics - Jade Murphy
Vulture Capitalism : How to Survive in an Age of Corporate Greed - Grace Blakeley
Limitarianism : The Case Against Extreme Wealth - Ingrid Robeyns

RRP $26.99

$22.99

15%
OFF
Mastering The Market Cycle : Getting the odds on your side - Howard Marks
The Premonition : A Pandemic Story - Michael Lewis

RRP $49.99

$36.99

26%
OFF
The Road to Freedom : Economics and the Good Society - Joseph Stiglitz
Capital in the Twenty-First Century - Thomas Piketty

RRP $70.95

$52.99

25%
OFF
Money in the Twenty-First Century : Cheap, Mobile, and Digital - Richard Holden
The End of Poverty : How We Can Make it Happen in Our Lifetime - Jeffrey Sachs