Author: Charles Goodhart
Publisher: MIT Press
ISBN: 0262570734
Category : Business & Economics
Languages : en
Pages : 219
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Book Description
The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function. Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory" approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1808
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Book Description
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 784
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Book Description
Author: United States. National Monetary Commission
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 678
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Book Description
![Catalogue of the Public Documents of the [the Fifty-third] Congress [to the 76th Congress] and of All Departments of the Government of the United States PDF](https://books.google.com/books/content/images/frontcover/FboVGLAjQLcC?fife=w80-h100)
Author: United States. Superintendent of Documents
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1804
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Book Description
Author: American Institute of Banking
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 826
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Book Description
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 2034
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Author:
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ISBN:
Category : Consular reports
Languages : en
Pages : 1900
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Book Description
Author: United States. Department of the Treasury. Library
Publisher:
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Category :
Languages : en
Pages : 142
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Book Description
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066924
Category : Business & Economics
Languages : en
Pages : 694
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Book Description
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.
