Bank Deregulation & Monetary Order

George Selgin (University of Georgia, USA)

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English

Routledge
07 November 1996

Monetary economics; Banking

Series: Routledge International Studies in Money and Banking

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. The volume is divided into three sections. Part one 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 two 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 three completes the argument that government regulation is unsound unless it delivers a stable output price-level.

By: George Selgin (University of Georgia USA)
Imprint: Routledge
Country of Publication: United Kingdom
Volume: v.2
Dimensions: Height: 234mm, Width: 156mm, Spine: 18mm
Weight: 453g
ISBN: 9780415140560
ISBN 10: 0415140560
Series: Routledge International Studies in Money and Banking
Pages: 300
Publication Date: 07 November 1996
Audience: College/higher education , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

George Selgin is Associate Professor of Economics at the University of Georgia