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Banking School, Currency School, Free Banking School

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Money

Part of the book series: The New Palgrave ((NPA))

Abstract

Historians of economic thought conventionally represent British monetary debates from the 1820s on as centred on the question of whether policy should be governed by rules (espoused by adherents of the Currency School), or whether authorities should be allowed discretion (espoused by adherents of the Banking School). In fact many other questions were in dispute, including those raised by neglected or misidentified participants in the debates — adherents of the Free Banking School.

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Authors

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John Eatwell Murray Milgate Peter Newman

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© 1989 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Schwartz, A.J. (1989). Banking School, Currency School, Free Banking School. In: Eatwell, J., Milgate, M., Newman, P. (eds) Money. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19804-7_2

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