Principles of Monetary Legislation: With Definite Proposals for Placing the Sound, and Successful Principle Into Permanent Operation (Classic Reprint) - Hardcover

Richard Webster

 
9780267956838: Principles of Monetary Legislation: With Definite Proposals for Placing the Sound, and Successful Principle Into Permanent Operation (Classic Reprint)

Synopsis

A clear, practical look at how monetary law can support stable, reliable finance .

This book argues for reforms to place monetary policy on sound, permanent foundations and to prevent financial panics.

Drawing on history and economic principles, it shows how banking, currency, and central reserve interact to sustain national credit. It explains why the current system’s rules have caused volatility and how a more robust framework could protect the economy from future shocks. The discussion centers on the Bank of England, central supervision, and proposals aimed at securing public confidence in monetary arrangements.

Readers will gain a concise map of the proposed shift from temporary measures to lasting policy, including governance changes at the Bank, consolidation of reserves, and a reform agenda that aims to guard the country’s financial system against derangement.

  • Two core principles that have shaped monetary law and why they matter now
  • Specific reforms proposed to stabilize the central banking system
  • Historical episodes that illustrate how policy choices affect trust and markets
  • The role of public confidence in maintaining a sound financial order

Ideal for readers of economics, finance history, and policy analysis seeking a practical, historically informed view of monetary reform.

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