-Lawrence H. White deals with a major issue of the 1990s--reprivatization of money. He makes a cogent argument and presents evidence that private, competing currencies would provide more monetary stability than do central banks. Surprisingly enough, modern private money may emerge first in Eastern Europe, where the gap between the economy's need and the government's money is greates.- --Richard Rahn, Vice President and Chief Economists, U.S. Chamber of Commerce.
-Boldly, White makes a persuasive case for free banking....In time, we may well look back and regard Competition and...
-Lawrence H. White deals with a major issue of the 1990s--reprivatization of money. He makes a cogent argument and presents evidence that private, ...
The U.S. banking system, its regulation and deregulation, and especially its deposit guarantees, continue to pose complex problems. The Crisis in American Banking offers six original perspectives on this continuing crisis, drawing from modern Austrian economics and from public choice theories that have seldom been applied to contemporary banking troubles. The contributors suggest that political regulation has seriously impaired the health of the banking industry. The authors consider long-term prospects for reform in the banking industry in light of the regulatory environment Much...
The U.S. banking system, its regulation and deregulation, and especially its deposit guarantees, continue to pose complex problems. The Crisis ...
The Clash of Economic Ideas interweaves the economic history of the last hundred years with the history of economic doctrines to understand how contrasting economic ideas have originated and developed over time to take their present forms. It traces the connections running from historical events to debates among economists, and from the ideas of academic writers to major experiments in economic policy. The treatment offers fresh perspectives on laissez faire, socialism, and fascism; the Roaring Twenties, business cycle theories, and the Great Depression; Institutionalism and the New Deal; the...
The Clash of Economic Ideas interweaves the economic history of the last hundred years with the history of economic doctrines to understand how contra...
F. A. Hayek's long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek's manifesto of capital theory is now available again for today's students and economists to discover. With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek's own life and his struggle to complete the manuscript, this edition commemorates the celebrated scholar's last major work in economics. Offering a...
F. A. Hayek's long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought ha...