The power of the state to issue currency and control the monetary
system is so entrenched, and the presumption among economists that
money must be supplied monopolistically by a central authority is
so widespread, that the notion that money could be supplied
competitively has rarely been taken seriously. This book boldly
challenges the conventional view that the state must play a
dominant role in the monetary system. Part I explores the
historical evidence and examines how a well-developed monetary
system might have developed without any special role for the state.
Part II offers a theory for a competitive supply of money and uses
it to shed light on the development of monetary theory and the
course of monetary history over the past two centuries. In Part III
the author outlines new proposals for monetary reform that will
protect the financial system against instability and will ensure
macroeconomic stability.
General
Imprint: |
Cambridge UniversityPress
|
Country of origin: |
United Kingdom |
Release date: |
November 2005 |
First published: |
1989 |
Authors: |
David Glasner
|
Dimensions: |
229 x 153 x 18mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
296 |
Edition: |
Revised |
ISBN-13: |
978-0-521-02251-4 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
0-521-02251-7 |
Barcode: |
9780521022514 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!