Logo

Free Banking: Theory, History and a Laissez-Faire Model

Large book cover: Free Banking: Theory, History and a Laissez-Faire Model

Free Banking: Theory, History and a Laissez-Faire Model
by

Publisher: Mises Institute
ISBN/ASIN: B001E3R0NW
Number of pages: 232

Description:
Author argues that the debate over central banking and free banking is the most important economic issue of the day. Central banking accepts all the methodological precepts of socialist central planning. The planners pretend to know more than they can know. They presume that their knowledge is better than the market. They use their power to override market signals of prices and interest. And the results are about as successful as socialism, and he proves this point with the first formal model of central vs. free banking to show that a competitive system would be self correcting where a centralized one is not.

Home page url

Download or read it online for free here:
Download link
(9.3MB, PDF)

Similar books

Book cover: Central Banking and Monetary Policy: An IntroductionCentral Banking and Monetary Policy: An Introduction
by - Bookboon
This book presents an introduction to central banking and monetary policy. Central banking is not just about monetary policy. It is also about being banker and advisor to government and managing the money and banking system ...
(10957 views)
Book cover: Banking and the Business CycleBanking and the Business Cycle
by - The MacMillan Company
This study appeared in 1937 as an analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time. The depression is held to be the consequence of the preceding boom.
(20034 views)
Book cover: Bank Management and Portfolio BehaviorBank Management and Portfolio Behavior
by - Yale University Press
The purpose of this monograph is to provide a microeconometric analysis of portfolio behavior and earnings by commercial and mutual savings banks. The results will be of value in constructing an aggregate model for the analysis of systems banks.
(16868 views)
Book cover: The Case Against the FedThe Case Against the Fed
by - Ludwig Von Mises Institute
The author presents the most powerful case against the American central bank ever written. This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System.
(15734 views)