Bank Deregulation & Monetary Order (Paperback)

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.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge International Studies in Money and Banking
Release date:	December 2015
First published:	1996
Authors:	George Selgin
Dimensions:	234 x 156 x 16mm (L x W x T)
Format:	Paperback
Pages:	300
ISBN-13:	978-1-138-98767-8
Categories:	Books > Business & Economics > Economics > Macroeconomics > Monetary economics
LSN:	1-138-98767-0
Barcode:	9781138987678

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