Summary

In a column first written before the recent financial crisis, Lester Telser renews an old call for narrow banking as a cure for a problem that he sees as increasingly acute.

Recommended Citation

Telser, Lester G. (2008) "Securing the Means of Payment: The Ultimate Requisite of a Modern Economy," The Economists' Voice: Vol. 5 : Iss. 3, Article 7.
DOI: 10.2202/1553-3832.1300
Available at: http://www.bepress.com/ev/vol5/iss3/art7

Readers' Reactions

Romar Correa, Letter: Two Paise and Trust (July 2008)