Banking and Regulation

Mike Tsionas

Chapter Chapter 34 in The Euro and International Financial Stability, 2014, pp 241-245 from Springer

Abstract: Abstract “It is not possible to theorize a priori about the future evolution of money. Our theoretical analysis must be limited to the observation that money is an institution which emerges spontaneously, like law, language, and other legal and economic institutions which involve an enormous volume of information and appear in an evolutionary manner throughout a very prolonged period of time in which many generations of human beings participate.

Keywords: Free Banking System; Open Market Operations; Market Development Process; Artificial Monetary; Considerable Enforcement (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-319-01171-4_34

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DOI: 10.1007/978-3-319-01171-4_34

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