The United States has endured crippling financial crises, together with many other sorts of monetary disorder, throughout its history. Why? The popular answer has long been that U.S. banks have been under-regulated, that increased regulation and centralization over the years have helped, and that still more regulation and centralization is needed. In Money: Free and Unfree, George Selgin turns this conventional wisdom on its head. Through a series of painstakingly researched essays covering U.S. monetary history since before the Civil War, he traces U.S. financial disorders to their source in misguided government regulations. State governments were early culprits—but in taking advantage of the Civil War to dramatically increase its own involvement in the banking and currency system, the federal government set the stage for even worse problems to come. Instead of addressing the root causes of these crises, the Federal Reserve Act reinforced some of them, while dramatically increasing the potential for politically-motivated abuse of monetary policy. Selgin’s revisionist thesis may shock and anger champions of monetary orthodoxy, but they’ll be hard-pressed to refute the solid scholarship upon which that thesis rests.
This book title, Money (Free and Unfree), ISBN: 9781944424299, by George Selgin, published by Cato Institute (April 21, 2017) is available in hardcover. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
Unlike Amazon and other retailers who may also offer Money (Free and Unfree) books on their website, we specialize in large quantities and provide personal service, from trusted, experienced, friendly people in Portland, Oregon. We offer a Price Match Guarantee, and QuickQuote form, to make purchasing quick and easy.
Prefer to work with a human being when you order Money (Free and Unfree) books in bulk? Our Book Specialists are standing by Monday-Friday 8-5 PST, ready to help!
