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Financial stability without central banks
by Dowd, Kevin, Selgin, George A., Bédard, Mathieu
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Type: Book
This text covers free banking, monetary thought and a theoretical account of the evolution of monetary institutions. With a history of thought approach, the book offers treatment of monetary topics that explains the inherent efficiency of free market evolution and workings of th…
The Theory of Monetary Institutions analyzes the often overlooked - but fundamental - questions about monetary policy regimes: How and why have monetary institutions - central banks, clearinghouses, commercial banks, and money itself - evolved into their present forms? What are …
"A Cato Institute book." Includes bibliographies and index.