Monetary Evolution, Free Banking, and Economic Order

ISBN-13: 9780367007874 / Angielski / Twarda / 2019 / 244 str.

Steven Horwitz

Opis

This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights of Hayek and others of the Austrian tradition, Professor Horwitz argues that an appreciation of the spontaneous evolutionary processes that produce and maintain our monetary institutions shou

Spis treści

Introduction -- Problems with Formal Models of Monetary Exchange -- Rules, Institutions, and the Evolution of Economic Order -- Money as the Language of the Market Process -- The Evolution of Monetary Order -- Regulatory Chaos and Spontaneous Order Under the National Banking System -- Conclusion: Money in a Nonrationalist Approach to Economic Systems