Free Banking (Vol. III) Modern Theory and Policy

Cover
......Page 1
Contents......Page 5
Acknowledgements......Page 7
Part I. Free Banking with a Distinct Base Money
......Page 9
1. Ludwig von Mises (1978), 'Monetary Stabilization and Cyclical Policy [1928]'
......Page 11
2. Gary S. Becker, 'A Proposal for Free Banking'
......Page 28
3. George A. Selgin and Lawrence H. White (1987), 'The Evolution of a Free Banking System'
......Page 34
4. George A. Selgin (1987), 'The Stability and Efficiency of Money Supply Under Free Banking'
......Page 53
5. Kevin Dowd (1988), 'Option Clauses and the Stability of a Laisser Faire Monetary System'
......Page 75
Part II. Competing Non-Commodity Base Monies
......Page 91
6. Benjamin Klein (1974), 'The Competitive Supply of Money'
......Page 93
7. Lance Girton and Don Roper (1981), 'Theory and Implications of Currency Substitution'
......Page 124
8. Bart Taub (1985), 'Private Fiat Money with Many Suppliers'
......Page 143
Part III. Competitive Payments Systems Without Base Money
......Page 157
9. E.C. Riegel (1978), 'Toward a Natural Monetary System'
......Page 159
10. Fischer Black (1970), 'Banking and Interest Rates In a World Without Money'
......Page 176
11. Robert L. Greenfield and Leland B. Yeager (1983), 'A LaissezFaire Approach to Monetary Stability'
......Page 188
12. Lawrence H. White (1984), 'Competitive Payments Systems and the Unit of Account'
......Page 203
13. Robert L. Greenfield and Leland B. Yeager (1986), 'Competitive Payments Systems: Comment'
......Page 217
14. Lawrence H. White (1986), 'Competitive Payments Systems: Reply'
......Page 219
Part IV. The Legal Restrictions Theory
......Page 223
15. Neil Wallace (1983), 'A Legal Restrictions Theory of the Demand for "Money" and the Role of Monetary Policy'
......Page 225
16. Gerald P. o 'Driscoll , Jr. (1986), 'Deregulation and Monetary Reform'
......Page 232
17. Lawrence H. White (1987), 'Accounting for Non-Interest-Bearing Currency: A Critique of the Legal Restrictions Theory of Money'
......Page 245
18. Neil Wallace (1988), 'A Suggestion for Oversimplifying the Theory of Money'
......Page 254
19. John Bryant (1989), 'Interest-Bearing Currency, Legal Restrictions, and the Rate of Return Dominance of Money'
......Page 266
20. Karl Wiirneryd (1990), 'Legal Restrictions and Monetary Evolution'
......Page 272
Part V. Policy Implications
......Page 281
21. Roland Vaubel (1984), 'The Government's Money Monopoly: Externalities or Natural Monopoly?'
......Page 283
22. Roland Vaubel (1985), 'Competing Currencies: The Case for Free Entry'
......Page 314
23. Martin F. Hellwig (1985), 'What Do We Know About Currency Competition?'
......Page 332
24. Milton Friedman and Anna J. Schwartz (1986), 'Has Government Any Role in Money?'
......Page 356
25. Richard E. Wagner (1986), 'Central Banking and the Fed: A Public Choice Perspective'
......Page 382
Name Index......Page 403