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Securing the Means of Payment: The Ultimate Requisite of a Modern Economy
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Lester G Telser
Published/Copyright:
July 11, 2008
In a column first written before the recent financial crisis, Lester Telser renews an old call for narrow banking as a cure for a problem that he sees as increasingly acute.
Published Online: 2008-7-11
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Letter
- Letter: Hedge Funds Race to the Bottom
- Letter: What Economists Can Contribute to the Global Warming Debate
- Letter: Baker's "Own to Rent" Proposal is Economically Inefficient
- Letter: Why Are Economists Indeed So Unscientific?
- Column
- Spence Christens a New Washington Consensus
- The Rush to Re-Regulate
- Securing the Means of Payment: The Ultimate Requisite of a Modern Economy
