Competition and Currency: Essays on Free Banking and Money by Lawrence H. White
English | Feb 1, 1992 | ISBN: 0814792472 | 270 Pages | PDF | 6 MB
"Lawrence H. White deals with a major issue of the 1990s—reprivatization of money. He makes a cogent argument and presents evidence that private, competing currencies would provide more monetary stability than do central banks. Surprisingly enough, modern private money may emerge first in Eastern Europe, where the gap between the economy's need and the government's money is greates."