A fascinating story of the important but virtually unknown episode in the history of money, this book chronicles the British manufacturers' challenge to the Crown's monopoly on coinage.
A fascinating story of the important but virtually unknown episode in the history of money, this book chronicles the British manufacturers' challenge ...
Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis. The volume is divided into three sections: * Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system. * Part II draws on both theory and historical experience to show how various kinds of government interference undermine the...
Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead ...
