Free banking

From Biocrawler, the free encyclopedia.

Free banking is a theory of banking which involves only market forces, with a conspicuous absence of central banks and any banking regulations, with only the laws that apply to everyday life applicable. This general scheme of market determinism is also known as laissez-faire capitalism, though Individualist Anarchists (some of which historically have defended capitalism, while others had not) see this as a step towards the beginning of "true freedom."

References:

Free Banking Homepage (Wayback Machine Cache) http://web.archive.org/web/20041021004422/http://www.shef.ac.uk/~var/free-banking/

Wikipedia (http://en.wikipedia.org/wiki/Main_Page) Free_Banking (http://en.wikipedia.org/wiki/Free_Banking) version history (http://en.wikipedia.org/w/index.php?title=Free_Banking&action=history) GNU Free Documentation Lizenz (http://en.wikipedia.org/wiki/Wikipedia:Text_of_the_GNU_Free_Documentation_License) CC-by-sa (http://creativecommons.org/licenses/by-sa/2.5/)

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