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Cataloged Resource Summary

 

Title

Competing Money Supplies

Author

Lawrence H. White

Category

Macroeconomics and Monetary Economics

Type

Article

Description

What would the consequences of applying the principle of laissez-faire to money? While the idea may seem strange to most people, economists have debated the question of competing money supplies off and on since Adam Smith's time. This article examines this age old question which has come into play in the economic world of today.

URL

http://www.econlib.org/library/Enc/CompetingMoneySupplies.html
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