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Laissez Faire Banking

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The idea of free (or laissez-faire) banking has enjoyed a remarkable renaissance in recent years. It is a novel idea that challenges much of what many banking scholars still take for granted - that banking is inherently unstable, that the banking system needs a lender of last resort or deposit insurance to defend it in a crisis, and that the Government has to protect the value of the currency. Against this free banking sets an argument which is in essence very simple: if markets are generally better at allocating resources ...

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    eBook iconEPUB eBookLaissez Faire Banking
    • Title: Laissez Faire Banking by Kevin Dowd
    • Publisher: Taylor & Francis
    • Print ISBN: 9780429228667, 042922866X
    • eText ISBN: 9781134775637
    • Edition: 1st edition
    • Format: EPUB eBook

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