Financial Stability Without Central Banks de George Selgin

Financial Stability Without Central Banks

Autor George Selgin, Kevin Dowd, Mathieu Bédard

en Limba Engleză Paperback – 4 mar 2018

" This publication is based on research that forms part of the Paragon Initiative." -- page facing title page.

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Specificații

ISBN-13: 9780255367523
ISBN-10: 025536752X
Pagini: 88
Dimensiuni: 132 x 199 x 8 mm
Greutate: 0.11 kg
Editura: Institute of Economic Affairs

Descriere

This book 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.