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Cover image for book Laissez Faire Banking

Laissez Faire Banking

By:Kevin Dowd
Publisher:Taylor & Francis
Print ISBN:9780415085847
eText ISBN:9781134775637
Edition:1
Copyright:1993
Format:Reflowable

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The 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 Govern

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