Money and the Market : Essays on Free Banking (Routledge Foundations of the Market Economy)

Dowd, Kevin

Routledge（2014/04発売）

• 製本 Paperback:紙装版/ペーパーバック版／ページ数 240 p.
• 言語 ENG
• 商品コード 9780415758420
• DDC分類 332.1

Full Description

Kevin Dowd asserts that state intervention into financial and monetary systems has failed, and that we would be better off if financial markets were left to regulate themselves. This collection will appeal to students, researchers and policy makers in the monetary and financial area.

Contents

Chapter 1 Introduction; Part 1 The theory of financial laissez-faire; Chapter 2 The case for financial laissez-faire; Chapter 3 Bank capital adequacy versus deposit insurance; Chapter 4 Does asymmetric information justify bank capital adequacy regulation?; Chapter 5 Competitive banking, bankers' clubs, and bank regulation; Chapter 6 The invisible hand and the evolution of the monetary system; Chapter 7 Are free markets the cause of financial instability?; Part 2 The monetary regime; Chapter 8 A proposal to end inflation; Chapter 9 Reply to Hillier; Chapter 10 Using futures prices to control inflation; Chapter 11 The 'compensated dollar' revisited; Chapter 12 Money and the market; Part 3 Policy issues; Chapter 13 Two arguments for the restriction of international capital flows, K. Alec Chrystal; Chapter 14 Monetary policy in the twenty-first century; Chapter 15 Reflections on the future of gold; Chapter 16 Too big to fail? Long-Term Capital Management and the Federal Reserve; Chapter 17 Paternalism fails again, Jimmy M. Hinchliffe;