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.
Popüler yazarlar
Philip M. Parker (1466) Kolektif (1079) Icon Group International (891) Cambridge University Press (446) Various (364) Arkose Press (305) Routledge; 1 basım (292) Routledge (237) Bible (198) Intl Business Pubn (184) Lem N Lov Publishing (173) Positive Notebook (156) etc. (131) DK (121) School Mathematics Project (120) Anonymous (110) Casey Cockerum (97) Springer (97) Oxford University Press (87) Academic Press (85)En İyi Yayıncılar
Independently Published CAMBRIDGE UNIVERSITY PRESS CreateSpace Independent Publishing Platform Kessinger Publishing Routledge; 1 basım Literary Licensing, LLC Routledge Gale and The British Library Oxford University Press Arkose Press OUP Oxford Franklin Classics Trade Press MACMILLAN EDUCATION PRENTICE HALL lulu.com John Wiley & Sons Inc Unknown iUniverse Pearson Education Limited AuthorHouse