It takes the average reader 3 hours and 46 minutes to read The Evolution of Central Banks by Charles Goodhart
Assuming a reading speed of 250 words per minute. Learn more
The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function. Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory" approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.
The Evolution of Central Banks by Charles Goodhart is 219 pages long, and a total of 56,721 words.
This makes it 74% the length of the average book. It also has 69% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 9 minutes to read The Evolution of Central Banks aloud.
The Evolution of Central Banks is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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