Science Fair Project Encyclopedia
Free banking
(Redirected from Free Banking)
Free banking is a theory of banking which involves only market forces, with a conspicuous absence of central banks and any banking regulations, with only the laws that apply to everyday life applicable. This general scheme of market determinism is also known as Laissez-faire capitalism, though Individualist Anarchists (some of which historically have defended capitalism, while others had not) see this as a step towards the beginning of "true freedom."
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10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details