Monetary Evolution, Free Banking, And Economic Order: 1st Edition (Hardback) book cover

Monetary Evolution, Free Banking, And Economic Order

1st Edition

By Steven Horwitz


244 pages

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Hardback: 9780367007874
pub: 2019-06-07
eBook (VitalSource) : 9780429037733
pub: 2019-06-03
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This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights of Hayek and others of the Austrian tradition, Professor Horwitz argues that an appreciation of the spontaneous evolutionary processes that produce and maintain our monetary institutions shou

Table of Contents

Introduction -- Problems with Formal Models of Monetary Exchange -- Rules, Institutions, and the Evolution of Economic Order -- Money as the Language of the Market Process -- The Evolution of Monetary Order -- Regulatory Chaos and Spontaneous Order Under the National Banking System -- Conclusion: Money in a Nonrationalist Approach to Economic Systems

About the Author

"Steven Horwitz is assistant professor of economics and Dana Fellow at St. Lawrence University, Canton, New York. He is the author of numerous articles on monetary economics and the Austrian School. His research has appeared in Review of Social Economy, Southern Economic Journal, and Critical Review. He is also a contributing editor of Critical Review and an academic advisor to the Heartland Institute. "

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