Are free-market fiduciary media possible? On Credit intermediation, banking, and money production in the free market
Résumé
Recent debates in monetary theory has centered on so-called free banking and its role in a pure market economy. In this paper we intend to tackle this question from a different angle, as we examine how and to what extend fiduciary media can emerge in a pure market economy.
Domaines
Economies et financesOrigine | Fichiers produits par l'(les) auteur(s) |
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