{"product_id":"the-rationale-of-central-banking-and-the-free-banking-alternative-9780865970878","title":"The Rationale of Central Banking: And the Free Banking Alternative","description":"\u003cp\u003e\u003cstrong\u003e\u003cem\u003eThe Rationale of Central Banking\u003c\/em\u003e\u003c\/strong\u003e was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm R pke, Oskar Morgenstern, and Fritz Machlup.\u003c\/p\u003e \u003cp\u003eThis book provides a scholarly review and judicious assessments of the experience and theory that bear on the issues of free banking and central banking. Its wide-ranging discussion identifies both the fallacies in the arguments for central banks and the influential fallacies in the arguments against free banking. Vera Smith's work should play a prominent role in any reappraisal of our monetary institutions.\u003c\/p\u003e\u003cbr\u003e","brand":"Liberty Fund","offers":[{"title":"Default Title","offer_id":50330117112082,"sku":"9780865970878","price":9.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_8cf40219-f65b-4c77-ac79-3ffaefb64c86.jpg?v=1727792315","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-rationale-of-central-banking-and-the-free-banking-alternative-9780865970878","provider":"Surprise Castle","version":"1.0","type":"link"}