IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-33656-9_7.html
   My bibliography  Save this book chapter

The Significance of Some of the Historically Freer Banking Periods

In: Money, Banking, and the Business Cycle

Author

Listed:
  • Brian P. Simpson

Abstract

The history of banking is one of the most researched subjects in economics. Many so-called free banking periods have been identified. One source reports that about 60 free banking periods have existed.1 However, none of them have been completely free banking periods.2 Significant government interference has existed in all the “free banking” episodes, most notably restrictions on note issue and entry into the industry, government banks and central banks that influenced the banking industry and were typically used to finance government spending, the government not collecting taxes in specie or bank money backed 100 percent by specie, and a lack of legal recognition of the right of depositors to require bankers to pay specie on demand when bankers were contractually obligated to do so.

Suggested Citation

  • Brian P. Simpson, 2014. "The Significance of Some of the Historically Freer Banking Periods," Palgrave Macmillan Books, in: Money, Banking, and the Business Cycle, chapter 6, pages 187-217, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-33656-9_7
    DOI: 10.1057/9781137336569_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-33656-9_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.