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Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772

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NBER2009-12-01 更新2025-01-04 收录
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Adam Smith advocated laissez faire for most sectors of the economy, but he believed that banking and finance required several forms of regulation including usury laws and the prohibition of small-denomination bank notes. Smith's support for banking regulation appears to have been a response to the

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2009-12-01
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