Free Banking In Britain

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Free Banking in Britain

Free Banking in Britain
Author :
Publisher :
Total Pages : 178
Release :
ISBN-10 : 0255363753
ISBN-13 : 9780255363754
Rating : 4/5 (754 Downloads)

Book Synopsis Free Banking in Britain by : Lawrence Henry White

Download or read book Free Banking in Britain written by Lawrence Henry White and published by . This book was released on 1995 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free banking, generically speaking, denotes a monetary system without a central bank, under which the issuing of currency is left to private banks. This book explores how this could work in practice by examining how this has worked historically, specifically in the United Kingdom in the early 19th century. After building a theory of free banking, its central chapters explore the history of Scotlands experience of free banking and the contemporary policy debate over the question of whether Parliament should allow free banking in England. The final chapters bring the debate forward and examine how free banking could work in modern times. The result is a significantly revised and update edition of a book about privately issued currency.


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