Books

The Rationale of Central Banking And the Free Banking Alternative

By Vera C. Smith
Foreword by Leland B. Yeager

Economics History

The Rationale of Central Banking was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm Röpke, Oskar Morgenstern, and Fritz Machlup.

This book provides a scholarly review and judicious assessments of the experience and theory that bear on the issues of free banking and central banking. Its wide-ranging discussion identifies both the fallacies in the arguments for central banks and the influential fallacies in the arguments against free banking. Vera Smith’s work should play a prominent role in any reappraisal of our monetary institutions.

Formats:

 

Smithvrationale 9780865970878 800h 72

Details

September 1990 | 5-1/2 x 8-1/4 | 227 pages

Preface, foreword, appendix, bibliography, index.

This site uses local and third-party cookies to maintain your shopping cart and to analyze traffic. If you want to know more, click here. By closing this banner or clicking any link in this page, you agree with this practice.