Financial Stability Without Central Banks George Selgin
Book Listing
\uD83D\uDCDA Book Details
- Title: Financial Stability Without Central Banks by George Selgin (PB 2018)
- Publisher: Institute of Economic Affairs (4 Jan. 2018)
- Language: English
- Paperback: 88 pages
- ISBN-10: 025536752X
- ISBN-13: 978-0255367523
- Dimensions: 13.18 x 0.81 x 19.86 cm
\uD83D\uDCDD Description
George Selgin is one of the worlds foremost monetary historians. In this book based on the 2016 Hayek Memorial Lecture he shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far it will be reined in by the others before the system as a whole gets out of control. The banks have a strong incentive to ensure an orderly resolution if a particular bank is facing insolvency or illiquidity. Selgin draws on evidence from the era of free banking in Scotland and Canada. These arrangements enjoyed greater financial stability with fewer banking crises than the.
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Details:Financial Stability Without Central Banks George Selgin
Book Listing
\uD83D\uDCDA Book Details
- Title: Financial Stability Without Central Banks by George Selgin (PB 2018)
- Publisher: Institute of Economic Affairs (4 Jan. 2018)
- Language: English
- Paperback: 88 pages
- ISBN-10: 025536752X
- ISBN-13: 978-0255367523
- Dimensions: 13.18 x 0.81 x 19.86 cm
\uD83D\uDCDD Description
George Selgin is one of the worlds foremost monetary historians. In this book based on the 2016 Hayek Memorial Lecture he shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far it will be reined in by the others before the system as a whole gets out of control. The banks have a strong incentive to ensure an orderly resolution if a particular bank is facing insolvency or illiquidity. Selgin draws on evidence from the era of free banking in Scotland and Canada. These arrangements enjoyed greater financial stability with fewer banking crises than the.
Price now:
From
£10.00
To
£12.95
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Product Description
Book Listing
\uD83D\uDCDA Book Details
- Title: Financial Stability Without Central Banks by George Selgin (PB 2018)
- Publisher: Institute of Economic Affairs (4 Jan. 2018)
- Language: English
- Paperback: 88 pages
- ISBN-10: 025536752X
- ISBN-13: 978-0255367523
- Dimensions: 13.18 x 0.81 x 19.86 cm
\uD83D\uDCDD Description
George Selgin is one of the worlds foremost monetary historians. In this book based on the 2016 Hayek Memorial Lecture he shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far it will be reined in by the others before the system as a whole gets out of control. The banks have a strong incentive to ensure an orderly resolution if a particular bank is facing insolvency or illiquidity. Selgin draws on evidence from the era of free banking in Scotland and Canada. These arrangements enjoyed greater financial stability with fewer banking crises than the.
Product Specifications
General | |
|---|---|
Brand | Institute of Economic Affairs |
format | paperback |
Language | eng |
type | not available |
artist | not specified |
age level | adults |
Size | 13.18 x 0.81 x 19.86 cm |
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