During the "free banking" era in eighteenth- and early nineteenth-century Scotland, there were a number of legal restrictions affecting the evolution of the system. Scottish banking was characterized by restrictions on small-denomination and interest-bearing notes. There were also restrictions inhibiting the development of capital markets and entry into banking. Furthermore, the Bank of England operated as a "shadow" central bank for the Scottish system. These considerations call into question the use of the Scottish banking experience as the appropriate model for laissez-faire and as evidence against the "legal restrictions theory of money" and the "new monetary economics." Copyright 1989 by Ohio State University Press.
This paper studies in detail the changes that took place in the Bank of England’s Restriction era po...
The Bank Restriction Act of 1797 was the unconventional monetary policy of its time. It suspended th...
By 1918 the British banking system had reached a degree of maturity and concentration, with a small ...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
First paragraph: Scottish banking history has been exposed to some scrutiny of late as a result of t...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
The historiography of the Financial Revolution in Scotland remains underdeveloped. This article addr...
This paper provides a reassessment of the free-banking history of Switzerland, which included both a...
The purpose of this thesis is to examine lending at the Royal Bank of Scotland during the years betw...
1From the turn of the eighteenth century to the middle of the nineteenth century, Britain created a ...
This paper seeks to place the well-known lineaments of Law's System in France within the context not...
1. FORMATIVE YEARS, 1830-1844 Responding to the development of the economy in the West of Scotland, ...
Scottish attempts at financial innovation in the late seventeenth century included the Bank of Scotl...
This paper studies in detail the changes that took place in the Bank of England’s Restriction era po...
The Bank Restriction Act of 1797 was the unconventional monetary policy of its time. It suspended th...
By 1918 the British banking system had reached a degree of maturity and concentration, with a small ...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
First paragraph: Scottish banking history has been exposed to some scrutiny of late as a result of t...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender ...
The historiography of the Financial Revolution in Scotland remains underdeveloped. This article addr...
This paper provides a reassessment of the free-banking history of Switzerland, which included both a...
The purpose of this thesis is to examine lending at the Royal Bank of Scotland during the years betw...
1From the turn of the eighteenth century to the middle of the nineteenth century, Britain created a ...
This paper seeks to place the well-known lineaments of Law's System in France within the context not...
1. FORMATIVE YEARS, 1830-1844 Responding to the development of the economy in the West of Scotland, ...
Scottish attempts at financial innovation in the late seventeenth century included the Bank of Scotl...
This paper studies in detail the changes that took place in the Bank of England’s Restriction era po...
The Bank Restriction Act of 1797 was the unconventional monetary policy of its time. It suspended th...
By 1918 the British banking system had reached a degree of maturity and concentration, with a small ...