Legislating Instability : Adam Smith, Free Banking, and the Financial Crisis of 1772
Book Details
Format
Hardback or Cased Book
ISBN-10
0674088883
ISBN-13
9780674088887
Publisher
Harvard University Press
Imprint
Harvard University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Apr 4th, 2016
Print length
224 Pages
Weight
486 grams
Dimensions
16.50 x 24.30 x 2.30 cms
Product Classification:
Modern history to 20th century: c 1700 to c 1900Economic historyBanking
Ksh 6,650.00
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From 1716 to 1845 Scottish banks were among the most dynamic and resilient in Europe, effectively absorbing economic shocks that rocked markets in London and on the continent. Tyler Beck Goodspeed explains the paradox that Scotland’s banking system achieved this success without the regulations Adam Smith considered necessary for economic stability.
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