Format:
1 online resource (321 pages)
ISBN:
9780255368322
Content:
The Experience of Free Banking is a collection of historical case studies of free banking, which is an historic term to describe a system in which banks issue their own notes, without the presence of a central bank.
Content:
Intro -- About the authors -- Foreword to the first edition (1992) -- Foreword to the second edition -- Acknowledgements -- 1 Introduction: the experience of free banking -- Taxonomy -- Currency board systems -- 'Free issue' systems -- Relevance of historical free banking to the current day -- 2 The world history of free banking: an overview -- Central banking and free banking -- The origins of free banking -- Where and when free banking existed -- Competition and cooperation under free banking -- Aspects of free banking's performance -- Liquidity and the lender of last resort -- Panics -- Causes of free banking's demise: seigniorage -- Causes of free banking's demise: theoretical rationales -- Causes of free banking's demise: crises -- Conclusions -- Addendum (2023) -- 3 Free banking in Australia -- The early history of money and banking in Australia -- The development of Australian banking -- Australian banking from the 1850s to the 1880s -- The Depression of the 1890s and the bank crash -- Epilogue: The development of central banking in Australia -- 4 Free banking in Belgium, 1835-50 -- Structure of the banking system -- Bank activities -- Competition and regulation -- The crisis of 1838 -- The crisis of 1848 and the end of free banking -- Conclusions -- 5 Free banking in Canada -- The beginnings of free banking, 1817-67 -- The heyday of free banking, 1867-1914 -- Central banking comes to Canada, 1914-35 -- Conclusions -- Addendum (2023) -- 6 Free banking in Chile -- Introduction -- The 1860 banking law -- Free banking in nineteenth-century Chile -- The 1878 crisis -- In closing -- 7 Free banking in Colombia -- The free banking era, 1871-86 -- Towards central banking, 1887-1922 -- Conclusions -- 8 Free banking in Foochow -- Introduction -- General monetary arrangements -- Kinds of bank -- Growth of the industry.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9780255368308
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780255368308
Language:
English
