The Errors Of The Banking Acts Of 1844-5, As Exhibited In The Late Monetary Crisis: Being A Reply To
Robert Somers
Broschiertes Buch

The Errors Of The Banking Acts Of 1844-5, As Exhibited In The Late Monetary Crisis: Being A Reply To "the Times," To "mercator" (lord Overstone), And

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This book is a critique of the bank Acts of 1844-5, which established a system of centralized control over the banking system in England. Somers argues that these Acts were flawed and contributed to the financial crisis that occurred in the late 1840s. He critiques the economic theories that underpinned these Acts and challenges the assumptions that led to their implementation. Somers believes that a more flexible and decentralized banking system would be more effective and resilient. This work has been selected by scholars as being culturally important, and is part of the knowledge base of ci...