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Banking

Further reading:

The Mystery of Banking by Murray N. Rothbard

Understanding Money Mechanics by Robert P. Murphy

Banking by David Howden

The Theory of Monetary Institutions by Lawrence H. White

Competition and Currency: Essays on Free Banking and Money by Lawrence H. White

Bank Deregulation and Monetary Order by George Selgin

Competition and Finance: A Reinterpretation of Financial and Monetary Economics by Kevin Dowd


Bank Regulation and Deposit Insurance by J. Huston McCulloch

Banking without Tax-Backed Deposit Insurance by J. Huston McCulloch

Government Deposit Insurance and the Diamond-Dybvig Model by J. Huston McCulloch

Private Money and Reserve Management in a Random‐Matching Model by Ricardo de O. Cavalcanti, Andres Erosa & Ted Temzelides

Private and Public Circulating Liabilities by Costas Azariadis, James Bullard & Bruce D. Smith

On the inherent instability of private money by Daniel Sanches

Beyond the Central Bank: A Formal Approach to Free Banking Theory by Alejo Hubble

Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles W. Calomiris & Stephen H. Haber

Fatalistically Flawed: A Review Essay on Fragile by Design, by Charles W. Calomiris and Stephen H. Haber by George Selgin


For more on 100% vs fractional-reserve banking, see here.

For more on central banks, see here.

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