Free banking, generically speaking, denotes a monetary system without a central bank, under which the issuing of currency is left to private banks. This book ex

This 2005 treatment compares the central banks of Britain and the United States.

"Lawrence H. White deals with a major issue of the 1990s—reprivatization of money. He makes a cogent argument and presents evidence that private, competing cu

____________________ The authorised history of the Bank of England by the bestselling David Kynaston, 'the most entertaining historian alive' (Spectator). 'Kyna