An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of …

on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money …

money. Since the early 1930s Hayek had been concerned about the role of money in the theory of production (Hayek, 1931 … information available in the markets, for the purpose of economic calculus. In his view, competition, through the price market … information to correctly manage the money supply. Frederic von Hayek, in fact, restated the relevance of concepts and ideas …

economy based on competition, for the fight against corruption, for a fair distribution of wealth, and an economy at the …