We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
THE LENDER OF LAST RESORT: A COMPARATIVE ANALYSIS OF CENTRAL BANKING AND FRACTIONAL-RESERVE FREE BANKING.
- Authors
O¿NEILL, BEN
- Abstract
The article presents a comparative analysis of the role of central banks as last resort lenders, with a focus on fractional-reserve free banking and the central banking system in the U.S. Topics include the effects of the 2008 financial crisis in the banking industry, the concept of a free banking system in a free market, and the effect of government intervention in the monetary system.
- Subjects
FRACTIONAL reserve banking; FREE banking; CENTRAL banking industry; GLOBAL Financial Crisis, 2008-2009; LOANS; FREE enterprise; BANKING policy
- Publication
Libertarian Papers, 2013, Vol 5, Issue 1, p163
- ISSN
1947-6949
- Publication type
Article