The Rationale of Central Banking: And the Free Banking Alternative
| Author | : | |
| Rating | : | 4.92 (689 Votes) |
| Asin | : | 0865970874 |
| Format Type | : | paperback |
| Number of Pages | : | 216 Pages |
| Publish Date | : | 2017-02-26 |
| Language | : | English |
DESCRIPTION:
Its wide-ranging discussion identifies both the fallacies in the arguments for central banks and the influential fallacies in the arguments against free banking. 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. Vera Smith spent her professional career in a variety of research positions. Vera Smith's work should play a prominent role in any reappraisal of our monetary institutions.Leland B. Vera Smith's book remains an authoritative and accurate summary of the theoretical arguments for and against free banking, a subject that has recently received renewed attention.—Milton Friedman, Hoover InstitutionThe Rationale of Central Banking was first published in England in 1936. Yeager is Ludwig von Mises Distinguished Professor of Economics at Auburn University.
Authenticated Amazon User said So boring. Needs to be rewritten.. >Edit: For the book as a whole, my review stands. However, after some consideration, if you were to take and read only the last chapter, >then you would have something informative and well enough done to be worth reading.Holy Jesus. This book is boring. It isn't a. How Central Banking was Unleashed upon an Unsuspecting World Kevin H. Vera Smith's book The Rational of Central banking is an interesting mix of the history of economics, the history of economic thought, and monetary theory, although the first two subjects are given the most attention. The book, though it shows its age, is still wel