Book — Selgin’s _Theory of Free Banking_

Hayek’s work inspired George Selgin to write a dissertation on free banking.  Selgin’s book based on that dissertation — The Theory of Free Banking: Money Supply under Competitive Note Issue — is now available free on the internet. This work is a significant advance in the literature, and was part of a collection of publications which have moved free banking theory into the center of contemporary monetary economics.

Over the years I’ve spent a small fortune accumulating a library of books you can now own at no cost via the internet.

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