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Larry J. Sechrest, Free Banking: Theory, History, and a Laissez-Faire Model (Repost)

ISBN: 0899308155

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Larry J Sechrest Free Banking Theory History and a Laissez Faire Model Repost

Larry J. Sechrest, Free Banking: Theory, History, and a Laissez-Faire Model
ISBN: 0899308155 | edition 1993 | PDF | 232 pages | 9 mb

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.


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