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Talk about great timing. Rothbard's extraordinary book unravels the mystery of banking: what is legitimate enterprise and what is a government-backed shell game that can't last. His explanation is clear enough for anyone to follow and yet precise and rigorous enough to be the best textbook for college classes on the topic. This is because its expositional clarity--in its history and theory--is essentially unrivaled. Most notably, he uses the T-account method of explaining the relationship between deposits and loans, showing the inherent instability of fractional-reserve banking and how it sets the stage for centralization, inflation, and the boom-bust cycle. But there is more. This book provides an explanation of money's origins and its meaning in the free market. The abstract theory is here, but always with real application to history and modern banking practice. Never does a paragraph go by without an example drawn from his massive knowledge of the subject.
Talk about great timing. Rothbard's extraordinary book unravels the mystery of banking: what is legitimate enterprise and what is a government-backed shell game that can't last. His explanation is clear enough for anyone to follow and yet precise and rigorous enough to be the best textbook for college classes on the topic. This is because its expositional clarity--in its history and theory--is essentially unrivaled. Most notably, he uses the T-account method of explaining the relationship between deposits and loans, showing the inherent instability of fractional-reserve banking and how it sets the stage for centralization, inflation, and the boom-bust cycle. But there is more. This book provides an explanation of money's origins and its meaning in the free market. The abstract theory is here, but always with real application to history and modern banking practice. Never does a paragraph go by without an example drawn from his massive knowledge of the subject.
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- ÉditeurE P Dutton
- Date d'édition1983
- ISBN 10 0943940044
- ISBN 13 9780943940045
- ReliureRelié
- Numéro d'édition1
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The Mystery of Banking
Edité par
E P Dutton
(1983)
ISBN 10 : 0943940044
ISBN 13 : 9780943940045
Neuf
Couverture rigide
Quantité disponible : 1
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Description du livre Hardcover. Etat : new. New. Fast Shipping and good customer service. N° de réf. du vendeur Holz_New_0943940044
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Image d'archives
The Mystery of Banking
Edité par
E P Dutton
(1983)
ISBN 10 : 0943940044
ISBN 13 : 9780943940045
Neuf
Couverture rigide
Quantité disponible : 1
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Evaluation vendeur
Description du livre Hardcover. Etat : new. New. N° de réf. du vendeur Wizard0943940044
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EUR 100,12
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Image d'archives
The Mystery of Banking
Edité par
E P Dutton
(1983)
ISBN 10 : 0943940044
ISBN 13 : 9780943940045
Neuf
Couverture rigide
Quantité disponible : 1
Vendeur :
Evaluation vendeur
Description du livre Hardcover. Etat : new. New Copy. Customer Service Guaranteed. N° de réf. du vendeur think0943940044
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EUR 100,93
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