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Free Banking in Britain : Theory, Experience, and Debate 1800-1845

White, Lawrence W.

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ISBN 10: 0255363753 / ISBN 13: 9780255363754
Published by Institute of Economic Affairs, 1995
Soft cover
From George Cross Books (Lexington, MA, U.S.A.)

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Very Good/Wraps (15993) Second edition, 1995. Very good trade paperback with lightly rubbed wraps. Clean, tight, unmarked. . Bookseller Inventory # 15993

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Bibliographic Details

Title: Free Banking in Britain : Theory, Experience...

Publisher: Institute of Economic Affairs

Publication Date: 1995

Binding: Paperback

Edition: Second edition.

About this title

Synopsis:

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.

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