December 16, 2009 Reading Time: < 1 minute

Are monetary and banking problems due to a few misguided policies or incompetent managers? Or are there fundamental flaws in monetary and financial institutions, principally central banks and the legal and monetary frameworks that accompany them?

“Gold Standard Policy and Limited Government”
Richard H. Timberlake, Jr.
Found in:
Money and the Nation State
ed. Kevin Dowd and Richard H. Timberlake, Jr.
New Brunswick, NJ: Transaction Publishers, 1998.