{"product_id":"laissez-faire-banking-routledge-foundations-of-the-market-economy-0415085845","title":"Laissez Faire Banking (Routledge Foundations of the Market Economy)","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0415085845\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Dowd, Kevin\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThe idea of free (or laissez-faire) banking has enjoyed a remarkable renaissance in recent years. It is a novel idea that challenges much of what many banking scholars still take for granted - that banking is inherently unstable, that the banking system needs a lender of last resort or deposit insurance to defend it in a crisis, and that the Government has to protect the value of the currency. Against this free banking sets an argument which is in essence very simple: if markets are generally better at allocating resources than governments, then what is different about money and the industry that provides it and why? \"Laissez-Faire Banking\" is divided into three inter-related sections, dealing with the theory of free banking, historical experiences of it and present-day monetary and banking reforms based on free banking principles.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51859863077152,"sku":"NEW0415085845","price":238.33,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/71EJLe-uX4L.jpg?v=1781595224","url":"https:\/\/miakarts.com\/products\/laissez-faire-banking-routledge-foundations-of-the-market-economy-0415085845","provider":"Miakarts Books","version":"1.0","type":"link"}