Free Banking: Theory, History and a Laissez-Faire Model
by Larry J. Sechrest
Publisher: Mises Institute 2008
Number of pages: 232
Author argues that the debate over central banking and free banking is the most important economic issue of the day. Central banking accepts all the methodological precepts of socialist central planning. The planners pretend to know more than they can know. They presume that their knowledge is better than the market. They use their power to override market signals of prices and interest. And the results are about as successful as socialism, and he proves this point with the first formal model of central vs. free banking to show that a competitive system would be self correcting where a centralized one is not.
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by Murray Rothbard - Ludwig von Mises Institute
This book unravels the mystery of banking: what is legitimate enterprise and what is a government-backed shell game that can't last. The explanation is clear enough for anyone to follow and yet rigorous enough to be the textbook for college classes.
by Donald D. Hester, James L. Pierce - Yale University Press
The purpose of this monograph is to provide a microeconometric analysis of portfolio behavior and earnings by commercial and mutual savings banks. The results will be of value in constructing an aggregate model for the analysis of systems banks.
by Murray N. Rothbard - Ludwig Von Mises Institute
The author presents the most powerful case against the American central bank ever written. This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System.
by Robert E. Wright, Vincenzo Quadrini - Saylor Foundation
Minimal mathematics, accessible language, and a student-oriented tone ease readers into complex subjects like money, interest rates, banking, asymmetric information, financial crises and regulation, monetary policy, monetary theory, and other topics.