Free Banking: Theory, History and a Laissez-Faire Model

Title Page

FREE BANKING

Theory, History, and a
Laissez-Faire Model

LARRY J. SECHREST

Foreword by Kevin Dowd

The Ludwig von Mises Institute
Auburn, Alabama
2008

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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