{"product_id":"free-banking-and-monetary-reform-paperback-9780521022514","title":"Free Banking and Monetary Reform (Paperback \/ softback) 9780521022514","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFree Banking and Monetary Reform\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis book boldly challenges the conventional view that the state must play a dominant role in the monetary system.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDavid Glasner (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521022514, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 10 November 2005\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e296 pages\u003cbr\u003e22.9 x 15.3 x 1.8 cm, 0.442 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e' … important new book …'  Lawrence H. White, Journal of Monetary Economics\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe power of the state to issue currency and control the monetary system is so entrenched, and the presumption among economists that money must be supplied monopolistically by a central authority is so widespread, that the notion that money could be supplied competitively has rarely been taken seriously. This book boldly challenges the conventional view that the state must play a dominant role in the monetary system. Part I explores the historical evidence and examines how a well-developed monetary system might have developed without any special role for the state. Part II offers a theory for a competitive supply of money and uses it to shed light on the development of monetary theory and the course of monetary history over the past two centuries. In Part III the author outlines new proposals for monetary reform that will protect the financial system against instability and will ensure macroeconomic stability.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Acknowledgments\u003cbr\u003e Part I. A Theory of Monetary Institutions: 1. The evolution of money and banking\u003cbr\u003e 2. Money and the state\u003cbr\u003e Part II. The Uncertain Progress of Monetary Theory and Monetary Reform: 3. The classical theory of money\u003cbr\u003e 4. The quantity theory of money\u003cbr\u003e 5. The heyday of the gold standard, 1879–1914\u003cbr\u003e 6. The Great War, the Great Depression, and the gold standard\u003cbr\u003e 7. The Keynesian revolution and the monetarist counterrevolution\u003cbr\u003e Part III. A Competitive Monetary Regime: 8. The competitive breakthrough\u003cbr\u003e 9. Can competitive banking be safe and stable?\u003cbr\u003e 10. Why we need a new monetary regime\u003cbr\u003e 11. A proposal for monetary reform\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Macroeconomics [\u003ca title=\"See our other books on Macroeconomics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Macroeconomics%20%5BKCB%5D%22\"\u003eKCB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46006165340440,"sku":"9780521022514","price":38.29,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521022514i.jpg?v=1694963590","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/free-banking-and-monetary-reform-paperback-9780521022514","provider":"Freshly Printed Books","version":"1.0","type":"link"}