Matt speaks with Larry White about the principles of free banking, focusing on how competitive banking systems can operate without centralized control. Larry highlights historical examples and the theoretical frameworks supporting free banking, emphasizing the benefits of decentralized monetary systems.

References

"The Theory of Free Banking: Money Supply under Competitive Note Issue" by George A. Selgin, Foreward by Larry White
Link: https://oll.libertyfund.org/titles/white-the-theory-of-free-banking-money-supply-under-competitive-note-issue
"Free Banking in Britain: Theory, Experience, and Debate, 1800-1845" by Larry White
Link: https://iea.org.uk/publications/research/free-banking-in-britain-theory-experience-and-debate-1800-1845
"Competition and Currency: Essays on Free Banking and Money" by Lawrence H. White
Link: https://www.amazon.ca/Competition-Currency-Essays-Banking-Money/dp/0814792472
"Money, Bank Credit, and Economic Cycles" by Jesús Huerta de Soto
Link: https://www.amazon.ca/Money-Bank-Credit-Economic-Cycles/dp/0945466390
"The Denationalisation of Money" by Friedrich Hayek
Link: https://iea.org.uk/wp-content/uploads/2016/07/Denationalisation%20of%20Money.pdf
"The Experience of Free Banking" by Kevin Dowd
Link: https://www.amazon.ca/Experience-Banking-Kevin-Durham-University/dp/0255368305
"Money and the Market: Essays on Free Banking" by Kevin Dowd
Link: https://www.amazon.ca/Money-Market-Essays-Free-Banking/dp/0415758424

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