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Money and the Market Kevin Dowd

Money and the Market By Kevin Dowd

Money and the Market by Kevin Dowd


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Summary

This book argues that state intervention into financial and monetary systems has failed and that we would be better off if financial markets were left to regulate themselves. The book will appeal to monetary and finance students and professionals

Money and the Market Summary

Money and the Market: Essays on Free Banking by Kevin Dowd

Kevin Dowd asserts that state intervention into financial and monetary systems has failed, and that we would be better off if financial markets were left to regulate themselves. This collection will appeal to students, researchers and policy makers in the monetary and financial area.

About Kevin Dowd

Kevin Dowd is Professor of Financial Risk Management at the University of Nottingham Business School and adjunct scholar at the CATO Institute in Washington.

Table of Contents

Chapter 1 Introduction; Part 1 The theory of financial laissez-faire; Chapter 2 The case for financial laissez-faire; Chapter 3 Bank capital adequacy versus deposit insurance; Chapter 4 Does asymmetric information justify bank capital adequacy regulation?; Chapter 5 Competitive banking, bankers clubs, and bank regulation; Chapter 6 The invisible hand and the evolution of the monetary system; Chapter 7 Are free markets the cause of financial instability?; Part 2 The monetary regime; Chapter 8 A proposal to end inflation; Chapter 9 Reply to Hillier; Chapter 10 Using futures prices to control inflation; Chapter 11 The compensated dollar revisited; Chapter 12 Money and the market; Part 3 Policy issues; Chapter 13 Two arguments for the restriction of international capital flows, K. Alec Chrystal; Chapter 14 Monetary policy in the twenty-first century; Chapter 15 Reflections on the future of gold; Chapter 16 Too big to fail? Long-Term Capital Management and the Federal Reserve; Chapter 17 Paternalism fails again, Jimmy M. Hinchliffe;

Additional information

NPB9780415242127
9780415242127
0415242126
Money and the Market: Essays on Free Banking by Kevin Dowd
New
Hardback
Taylor & Francis Ltd
2000-11-23
240
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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