The Theory of Monetary Institutions 1st Edition by Lawrence. H White (Author)

Publisher: ECONOMICS

Availability: In Stock
SKU: 47564
Number of Pages: 288

Rs.660.00

Rs.895.00

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Description

"The Theory of Monetary Institutions" by Lawrence H. White offers an insightful exploration into the structures and functions of monetary systems. This first edition delves into the economic theories and practical mechanisms that govern monetary institutions, providing a thorough understanding of how they operate and influence the economy. White discusses a range of topics, including central banking, monetary policy, and the evolution of money, combining historical context with contemporary analysis. The book is designed to cater to both students and professionals in economics, offering a balanced perspective that is both informative and thought-provoking.

White's approach is both analytical and empirical, as he evaluates different monetary systems and their efficacy. By comparing fiat money systems, commodity money systems, and free banking, he offers a comprehensive examination of their strengths and weaknesses. The book also addresses the role of government regulation and intervention in monetary affairs, highlighting the ongoing debates surrounding optimal monetary policy. With its clear and accessible prose, "The Theory of Monetary Institutions" serves as a valuable resource for anyone seeking to understand the complex dynamics of money and banking.

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