Bank Deregulation & Monetary Order

Business & Finance, Economics
Cover of the book Bank Deregulation & Monetary Order by George Selgin, Taylor and Francis
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Author: George Selgin ISBN: 9781134825752
Publisher: Taylor and Francis Publication: March 11, 2002
Imprint: Routledge Language: English
Author: George Selgin
ISBN: 9781134825752
Publisher: Taylor and Francis
Publication: March 11, 2002
Imprint: Routledge
Language: English

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 inherent efficiency, safety, and stability of a free monetary system.
* Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 inherent efficiency, safety, and stability of a free monetary system.
* Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

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