Free Banking, Volume 1Lawrence H. White Elgar, 1993 - 377 pages The question of free banking - or laissez-faire in money - raises fundamental theoretical, historical and normative issues. Discussions of free banking contemplate the consequences of abolishing government central banks, and allowing unrestricted money issue by private banks. |
Contents
G Poulett Scrope 1832 The Rights of Industry and | 3 |
Banking | 191 |
Herbert Spencer 1858 StateTamperings with Money | 327 |
Copyright | |
2 other sections not shown
Common terms and phrases
advantage amount bank notes Bank of England Bank of Ireland bankers banking system Banking versus Bank banks of issue bills of exchange bullion capital Cato Journal cause CHAPTER circumstances coin commercial commodities competition consequence contraction Country Banks country circulation country issues demand deposits diminished discount Economic effect established evils exportation extent fact fluctuations foreign exchanges free banking gold and silver Henry Meulen increase issue notes issue of notes issuers Joint-Stock Banks Journal labour laissez-faire legislature liable loans London Loyd medium of exchange ment metallic currency millions monetary nation natural operation over-issue panic paper currency paper money payment precious metals present principle produce profit promissory notes proportion quantity of money rate of interest Rational Banking versus regulate rency Reprinted rule Scotland securities small notes specie speculation stock banks supply suppose theory tion trade transactions versus Bank Monopoly