The Theory of Free Banking

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:associatedWith laissez-faire economics
gptkbp:contrastsWith central banking
gptkbp:criticizedFor mainstream economists
gptkbp:debatedBy financial stability
optimal currency area
gptkbp:focusesOn banking systems without central bank regulation
gptkbp:historicalName Canadian free banking era
Scottish free banking era
https://www.w3.org/2000/01/rdf-schema#label The Theory of Free Banking
gptkbp:influenced modern debates on cryptocurrency
gptkbp:influencedBy gptkb:Adam_Smith
gptkb:Friedrich_Hayek
gptkbp:notableFigure George Selgin
Lawrence H. White
gptkbp:proposedBy banks can issue their own currency
gptkbp:publishedIn academic journals
gptkbp:relatedTo gptkb:Austrian_School_of_Economics
monetary theory
gptkbp:requires market forces can regulate banks
bank runs are less likely with competitive note issuance
gptkbp:bfsParent gptkb:Irving_Selgin
gptkbp:bfsLayer 7