• List Price: $69.99
  • Save: $1.75 (3%)
In Stock.
Ships from and sold by Amazon.com.
Gift-wrap available.
Free Banking and Monetary... has been added to your Cart
+ $3.99 shipping
Used: Like New | Details
Sold by Wordery USA
Condition: Used: Like New
Comment: International shipping available. This fine copy is in our depot and should be with you within 11-12 working days via Air Mail. Please note this title is print on demand.
Access codes and supplements are not guaranteed with used items.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Free Banking and Monetary Reform Paperback – November 10, 2005

2 customer reviews
ISBN-13: 978-0521022514 ISBN-10: 0521022517

Buy New
Price: $68.24
21 New from $56.13 17 Used from $58.92
Amazon Price New from Used from
"Please retry"
$56.13 $58.92
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student

Hero Quick Promo
Save up to 90% on Textbooks
Rent textbooks, buy textbooks, or get up to 80% back when you sell us your books. Shop Now
$68.24 FREE Shipping. In Stock. Ships from and sold by Amazon.com. Gift-wrap available.

Editorial Reviews


"For nearly a century, monetary theorists have been searching for their Holy Grail: a way to figure just the right amount of money to keep the economy on an even keel. Now two more pilgrim-scholars, David Glasner, an economist at the Federal Trade Commission, and Earl Thompson, a professor at the University of California at Los Angeles, are hot on the trail. It is too early to say whether their clever variation on a long forgotten proposal of the great pre-Keynsian economist, Irving Fisher, will stand up to critical scrutiny. But the idea, described in...readable detail in Mr. Glasner's new book, Free Banking and Monetary Reform should intrigue anyone who thinks that even the Federal Reserve Board can make mistakes." Peter Passell, The New York Times

"Glasner provides an excellent review of monetary history, insightful discussions of such monetary innovations as the development of the Eurocurrency market and money market mutual funds, and incisive analyses of recent monetary problems like the deregulation of savings and loan associations and the insurance of bank deposits. This timely and lucid book on such a controversial issue deserves a wide audience." Choice

"...important new book..." Lawrence H. White, Journal of Monetary Economics

Book Description

The power of the state to issue currency and control the monetary system is so entrenched, and the presumption among economists that money must be supplied monopolistically by a central authority is so widespread, that the notion that money could be supplied competitively has rarely been taken seriously.

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Paperback: 296 pages
  • Publisher: Cambridge University Press (November 10, 2005)
  • Language: English
  • ISBN-10: 0521022517
  • ISBN-13: 978-0521022514
  • Product Dimensions: 6 x 0.7 x 9 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #4,227,576 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

5 star
4 star
3 star
2 star
1 star
See both customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

4 of 5 people found the following review helpful By Benjamin M. Cole on August 30, 2011
Format: Paperback
Nice book. Recently, gold-buts are braying about the yellow metal, unaware that preserving the value of a Ben Franklin in monetary formaldehyde is poison on a modern economy. Especially one that has undergone a real estate bust.

Japan has tried tight money for 20 years--the yen has appreciated against all other currencies and in Japan there is deflation--but Japan's economy has been floundering against the roaring Chinese and Korean economies (where monetary growth is practiced). Japan is on the verge of becoming a backwater nation, its investors dispirited, and its population failing to reproduce. Property values have fallen 80 percent in the last 20 years and are still falling, as the Bank of Japan sallies forth against inflation. The Nikkei Dow has lost 75 percent.

Ben Bernanke should listen to Milton Friedman and print more money.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 16 people found the following review helpful By Dale Holmgren on September 26, 2009
Format: Paperback
Glasner wrote a 1995 UCLA working paper talking about how stupid it was for the U.S. to stay on the gold standard during the depression. He argued that deflation occurred due to Smoot-Hawley, making it hard for Germany to repay its WWI debts in trade, and thus had to use gold. He then postulated that the depression could have been avoided had the US moved off the gold exchange standard. Of course, repudiating gold so soon after setting up the gold exchange standard in the Genoa conference of 1923 would have revealed the U.S. to be completely without scruples with regard to its own currency. Glasner could have equally argued for Germany to repudiate its war debts, but he did not. Evidently Glasner feels world trade operates by creditors inflating their currency, so that if debtor's debt is denominating in the creditors' currency it makes it easier to pay it off. He misses the point that the gold standard, while exacting harsh discipline on ill-advised debtors, stablizes the belief in the value of the currency for all participants. Glasner is searching for the painless correction, and he does so by sticking his hand in your pocket.
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
Free Banking and Monetary Reform
This item: Free Banking and Monetary Reform
Price: $68.24
Ships from and sold by Amazon.com