New Private Monies: A Bit-part Player?: 174 - Brossura

Dowd, Kevin

Brossura

ISBN 10: 0255366949 ISBN 13: 9780255366946

Casa editrice: Inst of Economic Affairs, 2014

Riassunto

New forms of private money regularly hit the newspaper headlines, however, there is relatively little discussion of whether such innovations will last the pace and perform effectively the functions that we expect of money. This monograph, by one of the leading scholars in the field of private money and free banking, examines new innovations such as Bitcoin, the Liberty Dollar and e-gold. Noting that competition in this field is welcome given the lamentable history of state money, which has seen its purchasing power shrink greatly over the years, this book also concludes that new monies face many challenges. Some of those challenges relate to the nature of the private monies themselves while other challenges come from law enforcement agencies that are determined to prevent competition with state money. Outlining the regulatory and legal changes that will be necessary if beneficial innovation is to thrive, the work also discusses how developments in private money are part of a more general movement among people who wish to reduce the role of the state in their lives.

Su questo libro

Informazioni sull?autore

Kevin Dowd is an economist and an emeritus professor at the University of Nottingham Business School.

Dettagli dell'edizione

• Editore: Inst of Economic Affairs
• Data di pubblicazione: 2014
• Lingua: Inglese
• ISBN 10: 0255366949
• ISBN 13: 9780255366946
• Rilegatura: Copertina flessibile
• Numero di pagine: 94
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile