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The Evolution of Central Banks

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The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function.

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The Evolution of Central Banks
1988, Mit Press, Cambridge

ISBN-13: 9780262570732

2nd edition

Trade paperback

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