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Legislating Instability : Adam Smith, Free Banking, and the Financial Crisis of 1772

By: (Author) Tyler Beck Goodspeed

Extended Catalogue

Ksh 6,650.00

Format: Hardback or Cased Book

ISBN-10: 0674088883

ISBN-13: 9780674088887

Publisher: Harvard University Press

Imprint: Harvard University Press

Country of Manufacture: US

Country of Publication: GB

Publication Date: Apr 4th, 2016

Print length: 224 Pages

Weight: 486 grams

Dimensions (height x width x thickness): 16.50 x 24.30 x 2.30 cms

Product Classification: Modern history to 20th century: c 1700 to c 1900
Economic history
Banking

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From 1716 to 1845 Scottish banks were among the most dynamic and resilient in Europe, effectively absorbing economic shocks that rocked markets in London and on the continent. Tyler Beck Goodspeed explains the paradox that Scotland’s banking system achieved this success without the regulations Adam Smith considered necessary for economic stability.

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