IDEAS home Printed from https://ideas.repec.org/a/hid/journl/v21y201315p117-37.html
   My bibliography  Save this article

The debate on the evolution of the payment system between free-banking and central banking

Author

Listed:
  • Stefano Figuera

    () (Università di Catania. Dipartimento di Giurispruden)

Abstract

The article focuses on some aspects of the debate over the evolution of the payment system. The work examines in depth the theoretical streams of two groups: the scholars maintaining the need to establish a regime of free-banking against those who consider the role of the central bank untouchable. A clearer idea of the effective magnitude of the evolution of the payment system may be obtained by shifting the focus from the model of an exchange economy to that of a monetary production economy, upheld by scholars whose position is similar to that of a number of heterodox economists, as well as of Keynes.

Suggested Citation

  • Stefano Figuera, 2013. "The debate on the evolution of the payment system between free-banking and central banking," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 21(1), pages 117-137.
  • Handle: RePEc:hid:journl:v:21:y:2013:1:5:p:117-37
    as

    Download full text from publisher

    File URL: http://www.libraweb.net/articoli.php?chiave=201306101&rivista=61
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hid:journl:v:21:y:2013:1:5:p:117-37. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mario Aldo Cedrini). General contact details of provider: http://www.libraweb.net .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.