Free Banking In Britain: Theory, Experience And Debate 1800-1845

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Brand: Institute of Economic Affairs
SKU: DADAX0255363753
ISBN : 0255363753

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Free banking, generically speaking, denotes a monetary system without a central bank, under which the issuing of currency is left to private banks. This book explores how this could work in practice by examining how this has worked historically, specifically in the United Kingdom in the early 19th century. After building a theory of free banking, its central chapters explore the history of Scotlands experience of free banking and the contemporary policy debate over the question of whether Parliament should allow free banking in England. The final chapters bring the debate forward and examine how free banking could work in modern times. The result is a significantly revised and update edition of a book about privately issued currency.
Author : Lawrence H. White
ISBN : 0255363753
Language : English
No of Pages : 176
Edition : 2nd Revised edition
Publication Date : 1/1/1996
Format/Binding : Paperback
Book dimensions : 8.35x5.43x0.47
Book weight : 0.01

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