Tell your friends about this item:
Financial Stability Without Central Banks
George Selgin
Financial Stability Without Central Banks
George Selgin
This book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.
88 pages
Media | Books Paperback Book (Book with soft cover and glued back) |
Released | January 4, 2018 |
ISBN13 | 9780255367523 |
Publishers | Institute of Economic Affairs |
Pages | 88 |
Dimensions | 199 × 131 × 14 mm · 110 g |