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Title: The Theory of Monetary Institutions by Lawrence H. White ISBN: 0-631-21214-0 Publisher: Blackwell Publishers Pub. Date: May, 1999 Format: Paperback Volumes: 1 List Price(USD): $46.95 |
Average Customer Rating: 5 (2 reviews)
Rating: 5
Summary: this book is worth the price-
Comment: This is indeed an interesting book, the only topic really missing being the debate on competitive banking under 100% reserves versus fractional reserve free banking. Chapters on, among other topics, dynamic inconsistency, monetary rules and competitive supply of fiat-type money-with a lucid critique of the Klein-Hayek model-are absolutely excellent. The math is accessible although at a serious level.
Rating: 5
Summary: A Great Comprehensive Book
Comment: A great book. It is very comprehensive and written in a simple way (regarding the complexity of the themes it deals with). The investigation is very objective, it uses sound theoretical analysis and different mathematical models (which he explains in relatively simple terms), contrasting them with the historical evidence and empirical data. It treats the history and development of money (from commodity money to fiat money), and monetary institutions, doing an exceptional analysis of the gold standard, its costs and benefits. It also analyzes the role of Central Bank's in money and banking, and uses various models used to try to explain the Central Bank's behavior, according to different goals that Central Banks may have. Finally, it discusses alternative monetary proposals from Friedman to Yeager, with its pros and cons. In conclusion, a great book to update and deepen your knowledge about money and banking.
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Title: Modeling Monetary Economies by Bruce Champ, Scott Freeman ISBN: 0521789745 Publisher: Cambridge University Press Pub. Date: 15 January, 2001 List Price(USD): $30.00 |
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Title: Capitalism and the Historians by Friedrich A. Hayek, Louis Hacker ISBN: 0226320723 Publisher: University of Chicago Press Pub. Date: April, 1963 List Price(USD): $23.00 |
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Title: The Economics of Financial Markets by Hendrik S. Houthakker, Peter J. Williamson ISBN: 019504407X Publisher: Oxford University Press Pub. Date: August, 1996 List Price(USD): $55.00 |
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Title: Time and Money: The Marcroeconomics of Capital Structure by Roger W. Garrison, Roger W. Gamson ISBN: 0415079829 Publisher: Routledge Pub. Date: December, 2000 List Price(USD): $110.00 |
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Title: Structure and Change in Economic History by C. North Douglass, Douglass C. North ISBN: 039395241X Publisher: W.W. Norton & Company Pub. Date: October, 1982 List Price(USD): $16.70 |
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