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Rationale of Central Banking
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Rationale of Central Banking : and the Free Banking Alternative

Book Details

Format Paperback / Softback
ISBN-10 0865970874
ISBN-13 9780865970878
Publisher Liberty Fund Inc
Imprint Liberty Fund Inc
Country of Manufacture US
Country of Publication GB
Publication Date Jan 1st, 1990
Print length 227 Pages
Weight 368 grams
Dimensions 20.80 x 14.20 x 1.80 cms
Product Classification: Economic theory & philosophyBanking
Ksh 1,850.00
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THE RATIONALE OF CENTRAL BANKING was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm Röpke, Oskar Morgenstern, and Fritz Machlup. This book provides a scholarly review and judicious assessments of the experience and theory that bear on the issues of free banking and central banking. Its wide-ranging discussion identifies both the fallacies in the arguments for central banks and the influential fallacies in the arguments against free banking. Vera Smith''s work should play a prominent role in any reappraisal of our monetary institutions.

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