Free Banking: Theory, History, and a Laissez-Faire Model

by Larry J. Sechrest

Book Overview

Free banking is a term that refers to the total deregulation of the banking industry. It signifies an absence of such constraints as reserve requirements, capital requirements, government deposit insurance, and limitations on branching. Above all, it means that private banks would be allowed to issue their own currency. This book takes a fresh approach to that controversial topic. Sechrest proposes that free banking constitutes the final vindication...

• Format: Hardcover
• Language: English
• ISBN: 0899308155
• ISBN13: 9780899308159
• Release Date: July 1993
• Publisher: Praeger
• Length: 224 Pages
• Weight: 1.14 lbs.
• Dimensions: 0.9" x 6.1" x 9.5"