in Scotland & Canada: Lessons for Today
January 12th, 2012, 3:30 pm - 5:00 pm
New Delhi
Today, financial crises, recessions, unemployment, sovereign dept, and social instability are being blamed on free-market capitalism. The financial sector is under special attack. The irony, however, is that banking is one of the most centrally planned and regulated sectors of modern economies.
What is required to create more macroeconomic stability: more central control or less? Most people take it for granted that money and banking must be regulated by national governments and a central bank, but it has not always been so. Lawrence White will discuss the theory and history of laissez-faire banking. He will compare the records of free-banking and central banking and comment on what lessons these records can teach us today.
| Featuring Prof Lawrence H White | |
Lawrence H White is Professor of Economics at George Mason University and a prominent scholar in the Austrian tradition of economics. He specializes in the theory and history of banking and money, and is best known for his work on free banking. He received his A.B. from Harvard and his M. A. and Ph.D. from the University of California, Los Angeles. He previously taught at New York University, the University of Georgia, and the University of Missouri - St. Louis. To know more about Prof White check following links: |
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Venue: Centre for Civil Society, A-69 Hauz Khas, New Delhi - 110016