Competition and Currency by Lawrence H White

Competition and Currency by Lawrence H White

"Lawrence H. White deals with a major issue of the 1990s—reprivatization of money. He makes a cogent argument and presents evidence that private, competing currencies would provide more monetary stability than do central banks. Surprisingly enough, modern private money may emerge first in Eastern Europe, where the gap between the economy's need and the government's money is greates." —Richard Rahn, Vice President and Chief Economists, U.S. Chamber of Commerce. "Boldly, White makes a persuasive case for free banking....In time, we may well look back and regard Competition and Currency as crucial in the development of the economy and economic thought of the future." — The New York City Tribune "White is a leading analyst of a laissez-faire monetary system featuring a privately issued money supply. HIs perceptive insights force a rethinking of our present regulated monetary system and of what kind of reforms will remedy its defects. Avery worthwhile collection of essays for all students of monetary theory." —Philip Cagan, Columbia University "White is a leading analyst of a laissez-faire monetary system featuring a privately issued money supply. HIs perceptive insights force a rethinking of our present regulated monetary system and of what kind of reforms will remedy its defects. A very worthwhile collection of essays for all students of monetary theory." —Phillip Cagan, Columbia University "Newcomers to the literature...would be recommended to start with White's volume, where each paper is self-contained in its handling of particular aspects of free banking...Highly recommended as clear, well-argued expositions of the case for free banking, challenging assumptions common to much of monetary economics. It is particularly apposite that these assumptions be questioned at a time when institutional reform is so much on the agenda." —Sheila C. Dow, The Economic Journal

Lawrence HWhite deals with a major issue of the 1990sreprivation of money. He makes a cogent argument and presents evidence that private, competing currencies would provide more monetary stability than do central banks. Surprisingly enough, modern private money may emerge first in Eastern Europe, where the gap between the economy's need and the government's money is great -- Richard Rahn, Vice President and Chief Economists, U.S. Chamber of Commerce
Newcomers to the literature...would be recommended to start with White's volume, where each paper is self-contained in its handling of particular aspects of free banking...Highly recommended as clear, well-argued expositions of the case for free banking, challenging assumptions common to much of monetary economics. It is particularly apposite that these assumptions be questioned at a time when institutional reform is so much on the agenda. -- Sheila C. Dow * The Economic Journal *
White is a leading analyst of a laissez-faire monetary system featuring a privately issued money supply. His perceptive insights force a rethinking of our present regulated monetary system and of what kind of reforms will remedy its defects. Avery worthwhile collection of essays for all students of monetary theory. -- Philip Cagan, Columbia University
Boldly, White makes a persuasive case for free banking...In time, we may well look back and regard Competition and Currencyas crucial in the development of the economy and economic thought of the future. * The New York Tribune *

Lawrence H. White is Associate Professor of Economics at the University of Georgia and Adjunct Scholar at the CATO Institute. He is author of Free Banking in Britain.

SKU	Nicht verfügbar
ISBN 13	9780814792476
ISBN 10	0814792472
Titel	Competition and Currency
Autor	Lawrence H White
Buchzustand	Nicht verfügbar
Bindungsart	Paperback
Verlag	New York University Press
Erscheinungsjahr	1992-02-01
Seitenanzahl	270
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar