The Rationale of Central Banking: And the Free Banking Alternative

Vera C. Smith

115 citations0/0 files stored

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Banking stability, regulation, efficiency Economic theories and models

Abstract

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 Ropke, 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.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 115 citations exist upstream.

Cited by

2014The Rule of Law in Monetary Affairs 2015Banking in crisis: the rise and fall of British banking stability, 1800 to the present 1995A critical analysis of central banks and fractional-reserve free banking from the Austrian school perspective 2013Some Economics of Private Digital Currency 2011Money, Moral Authority, and the Politics of Creditworthiness 2003Two views of the lender of last resort: Thornton and Bagehot 1998A critical note on fractional-reserve free banking 2013Robust Political Economy and the Lender of Last Resort

Imported from OpenAlex (CC0) — nothing here is generated.