Author: Kevin Dowd
Publisher: Routledge
ISBN: 1134945604
Category : Business & Economics
Languages : en
Pages : 288
Book Description
First Published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
Experience of Free Banking
Author: Kevin Dowd
Publisher: Routledge
ISBN: 1134945604
Category : Business & Economics
Languages : en
Pages : 288
Book Description
First Published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
Publisher: Routledge
ISBN: 1134945604
Category : Business & Economics
Languages : en
Pages : 288
Book Description
First Published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
Free Banking and Monetary Reform
Author: David Glasner
Publisher: Cambridge University Press
ISBN: 0521361753
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This book boldly challenges the conventional view that the state must play a dominant role in the monetary system.
Publisher: Cambridge University Press
ISBN: 0521361753
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This book boldly challenges the conventional view that the state must play a dominant role in the monetary system.
The Theory of Free Banking
Author: George A. Selgin
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
Book Description
To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
Book Description
To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.
Legislating Instability
Author: Tyler Beck Goodspeed
Publisher: Harvard University Press
ISBN: 0674969014
Category : Business & Economics
Languages : en
Pages : 221
Book Description
From 1716 to 1845, Scotland’s banks were among the most dynamic and resilient in Europe, effectively absorbing a series of adverse economic shocks that rocked financial markets in London and on the continent. Legislating Instability explains the seeming paradox that the Scottish banking system achieved this success without the government controls usually considered necessary for economic stability. Eighteenth-century Scottish banks operated in a regulatory vacuum: no central bank to act as lender of last resort, no monopoly on issuing currency, no legal requirements for maintaining capital reserves, and no formal limits on bank size. These conditions produced a remarkably robust banking system, one that was intensely competitive and served as a prime engine of Scottish economic growth. Despite indicators that might have seemed red flags—large speculative capital flows, a fixed exchange rate, and substantial external debt—Scotland successfully navigated two severe financial crises during the Seven Years’ War. The exception was a severe financial crisis in 1772, seven years after the imposition of the first regulations on Scottish banking—the result of aggressive lobbying by large banks seeking to weed out competition. While these restrictions did not cause the 1772 crisis, Tyler Beck Goodspeed argues, they critically undermined the flexibility and resilience previously exhibited by Scottish finance, thereby elevating the risk that another adverse economic shock, such as occurred in 1772, might threaten financial stability more broadly. Far from revealing the shortcomings of unregulated banking, as Adam Smith claimed, the 1772 crisis exposed the risks of ill-conceived bank regulation.
Publisher: Harvard University Press
ISBN: 0674969014
Category : Business & Economics
Languages : en
Pages : 221
Book Description
From 1716 to 1845, Scotland’s banks were among the most dynamic and resilient in Europe, effectively absorbing a series of adverse economic shocks that rocked financial markets in London and on the continent. Legislating Instability explains the seeming paradox that the Scottish banking system achieved this success without the government controls usually considered necessary for economic stability. Eighteenth-century Scottish banks operated in a regulatory vacuum: no central bank to act as lender of last resort, no monopoly on issuing currency, no legal requirements for maintaining capital reserves, and no formal limits on bank size. These conditions produced a remarkably robust banking system, one that was intensely competitive and served as a prime engine of Scottish economic growth. Despite indicators that might have seemed red flags—large speculative capital flows, a fixed exchange rate, and substantial external debt—Scotland successfully navigated two severe financial crises during the Seven Years’ War. The exception was a severe financial crisis in 1772, seven years after the imposition of the first regulations on Scottish banking—the result of aggressive lobbying by large banks seeking to weed out competition. While these restrictions did not cause the 1772 crisis, Tyler Beck Goodspeed argues, they critically undermined the flexibility and resilience previously exhibited by Scottish finance, thereby elevating the risk that another adverse economic shock, such as occurred in 1772, might threaten financial stability more broadly. Far from revealing the shortcomings of unregulated banking, as Adam Smith claimed, the 1772 crisis exposed the risks of ill-conceived bank regulation.
Monetary Evolution, Free Banking, And Economic Order
Author: Steven Horwitz
Publisher: Routledge
ISBN: 0429722885
Category : Political Science
Languages : en
Pages : 244
Book Description
This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights of Hayek and others of the Austrian tradition, Professor Horwitz argues that an appreciation of the spontaneous evolutionary processes that produce and maintain our monetary institutions shou
Publisher: Routledge
ISBN: 0429722885
Category : Political Science
Languages : en
Pages : 244
Book Description
This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights of Hayek and others of the Austrian tradition, Professor Horwitz argues that an appreciation of the spontaneous evolutionary processes that produce and maintain our monetary institutions shou
The Art of Islamic Banking and Finance
Author: Yahia Abdul-Rahman
Publisher: John Wiley & Sons
ISBN: 0470572612
Category : Business & Economics
Languages : en
Pages : 435
Book Description
A detailed look at the fast-growing field of Islamic banking and finance The Art of Islamic Banking and Finance is a modern American take on what it means to incorporate Islamic finance principles into everyday banking and investment techniques by introducing a new brand of banking for all people of all faiths: The Riba-Free (RF) banking. The author is considered the father of RF (Islamic) banking in America. He has been a banker and an Imam/scholar for over 40 years in America since 1968. He started the tedious process with a finance company, LARIBA, in Pasadena, California in 1987. This is the first book ever in the field to trace the origins of prohibiting the renting of money at a price called interest rate and over-indulging in debt. The book reviews in great details the theological foundations of prohibiting interest in the Jewish Bible, the Christian Bible, and the Qur'aan. The author then discusses money and how fiat money is created, the role of the Federal Reserve, and the banking system in America. The book also discusses for the first time ever how to include an important aspect of RF (Islamic) finance using commodity indexation and marking the items to be financed to market in order to avoid participating in economic "bubbles." The author discusses how these rules work, how they affect consumer behavior, and how they change the role of the banker/financier. Covers a new pioneering model that is based on the Law (Shari'aa) and how it is applied in every transaction from joint ventures and portfolio management to home mortgages and personal financing Shows how to incorporate the Law (Shari'aa) into American financing and banking systems Points to RF (Islamic) finance and banking as a way to emphasize socially responsible investing The Art of Islamic Banking and Finance also includes a discussion on the emergence of a culture of RF (Islamic) banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and very effective when compared to twentieth-century models that use financial engineering and structuring techniques to circumvent the Law (Shari'aa). The book also includes case studies based on the actual experience of the author and detailed analysis of the superior results realized by applying this new brand of banking to financing.
Publisher: John Wiley & Sons
ISBN: 0470572612
Category : Business & Economics
Languages : en
Pages : 435
Book Description
A detailed look at the fast-growing field of Islamic banking and finance The Art of Islamic Banking and Finance is a modern American take on what it means to incorporate Islamic finance principles into everyday banking and investment techniques by introducing a new brand of banking for all people of all faiths: The Riba-Free (RF) banking. The author is considered the father of RF (Islamic) banking in America. He has been a banker and an Imam/scholar for over 40 years in America since 1968. He started the tedious process with a finance company, LARIBA, in Pasadena, California in 1987. This is the first book ever in the field to trace the origins of prohibiting the renting of money at a price called interest rate and over-indulging in debt. The book reviews in great details the theological foundations of prohibiting interest in the Jewish Bible, the Christian Bible, and the Qur'aan. The author then discusses money and how fiat money is created, the role of the Federal Reserve, and the banking system in America. The book also discusses for the first time ever how to include an important aspect of RF (Islamic) finance using commodity indexation and marking the items to be financed to market in order to avoid participating in economic "bubbles." The author discusses how these rules work, how they affect consumer behavior, and how they change the role of the banker/financier. Covers a new pioneering model that is based on the Law (Shari'aa) and how it is applied in every transaction from joint ventures and portfolio management to home mortgages and personal financing Shows how to incorporate the Law (Shari'aa) into American financing and banking systems Points to RF (Islamic) finance and banking as a way to emphasize socially responsible investing The Art of Islamic Banking and Finance also includes a discussion on the emergence of a culture of RF (Islamic) banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and very effective when compared to twentieth-century models that use financial engineering and structuring techniques to circumvent the Law (Shari'aa). The book also includes case studies based on the actual experience of the author and detailed analysis of the superior results realized by applying this new brand of banking to financing.
The Rationale of Central Banking
Author: Vera Constance Smith
Publisher:
ISBN: 9780678012673
Category : Banks and banking
Languages : en
Pages : 63
Book Description
Publisher:
ISBN: 9780678012673
Category : Banks and banking
Languages : en
Pages : 63
Book Description
Free Banking: Theory, History, and a Laissez-Faire Model
Author: Larry J. Sechrest
Publisher: Ludwig von Mises Institute
ISBN: 1610164873
Category : Free banking
Languages : en
Pages : 234
Book Description
Publisher: Ludwig von Mises Institute
ISBN: 1610164873
Category : Free banking
Languages : en
Pages : 234
Book Description
Set Free
Author: Emma Slade
Publisher:
ISBN: 9781786851529
Category : Hostages
Languages : en
Pages : 322
Book Description
In 1997, Emma Slade was taken hostage in a hotel room on a business trip to Jakarta. Over the ensuing months the trauma following the event took hold. Realising her view on life had profoundly changed she embarked upon a journey, discovering the healing power of yoga and, in Bhutan, opening her eyes to a kinder, more peaceful way of living.
Publisher:
ISBN: 9781786851529
Category : Hostages
Languages : en
Pages : 322
Book Description
In 1997, Emma Slade was taken hostage in a hotel room on a business trip to Jakarta. Over the ensuing months the trauma following the event took hold. Realising her view on life had profoundly changed she embarked upon a journey, discovering the healing power of yoga and, in Bhutan, opening her eyes to a kinder, more peaceful way of living.
Free Banking in Britain
Author: Lawrence Henry White
Publisher:
ISBN: 9780255363754
Category : Banks and banking
Languages : en
Pages : 178
Book Description
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.
Publisher:
ISBN: 9780255363754
Category : Banks and banking
Languages : en
Pages : 178
Book Description
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.