The Evolution of Central Banks,New

The Evolution of Central Banks,New

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The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of nonprofitmaximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function. Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the 'club theory' approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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Frequently Asked Questions

  • Q: What is the main focus of 'The Evolution of Central Banks'? A: The book examines the historical development of central banks and argues that non-profit-maximizing and noncompetitive central banks play a necessary role in supervising and regulating the commercial banking system.
  • Q: Who is the author of this book? A: The author of 'The Evolution of Central Banks' is Charles Goodhart.
  • Q: When was 'The Evolution of Central Banks' published? A: The book was published on September 16, 1988.
  • Q: What edition of the book is available? A: 'The Evolution of Central Banks' is available in its 2nd edition.
  • Q: How many pages does the book have? A: The book contains 218 pages.
  • Q: What condition is the book in? A: 'The Evolution of Central Banks' is listed as being in 'Very Good' condition.
  • Q: What category does this book fall under? A: 'The Evolution of Central Banks' is categorized under 'Banks & Banking'.
  • Q: Does the book cover the topic of deposit insurance? A: Yes, the book addresses questions regarding deposit insurance as part of its broader discussion on central banks.
  • Q: What historical aspects are included in the book? A: The book includes a historical study of the origins of various central banks, including 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.
  • Q: Is there a focus on free banking in the book? A: Yes, Charles Goodhart surveys the case for free banking as part of his analysis of central banks.