DO WE REALLY NEED CENTRAL BANKS?
An analysis of economic theory and economic history suggests that central banks, with a monopoly of money-issuing services, are not necessary. The often-levelled arguments against private banks issuing money in competition with each other and with central banks do not stand up to close scrutiny. Copyright (c) 2009 The Author. Journal compilation (c) Institute of Economic Affairs 2009. Published by Blackwell Publishing, Oxford.
Year of publication: |
2009
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Authors: | Vaubel, Roland |
Published in: |
Economic Affairs. - Wiley Blackwell. - Vol. 29.2009, 3, p. 6-8
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Publisher: |
Wiley Blackwell |
Saved in:
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