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Bank Deregulation & Monetary Order By George Selgin (University of Georgia, USA)

Bank Deregulation & Monetary Order
by George Selgin (University of Georgia, USA)

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Can the "invisible hand" handle money? In this collection of essays George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis.
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Bank Deregulation & Monetary Order Summary


Bank Deregulation & Monetary Order by George Selgin (University of Georgia, USA)

Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis.
The volume is divided into three sections:
* Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system.
* Part II draws on both theory and historical experience to show how various kinds of government interference undermine the inherent efficiency, safety, and stability of a free monetary system.
* Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

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Additional information

GOR010399677
Bank Deregulation & Monetary Order by George Selgin (University of Georgia, USA)
George Selgin (University of Georgia, USA)
Routledge International Studies in Money and Banking
Used - Well Read
Hardback
Taylor & Francis Ltd
1996-11-07
300
0415140560
9780415140560
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book. We do our best to provide good quality books for you to read, but there is no escaping the fact that it has been owned and read by someone else previously. Therefore it will show signs of wear and may be an ex library book.