Fink, Alexander - In: The Review of Austrian Economics 27 (2014) 1, pp. 57-69
Selgin and White (Economic Inquiry 25:439–457, <CitationRef CitationID="CR30">1987</CitationRef>) argue that during its evolution a free banking system can be expected to reach certain stages of development. This paper uses their conceptual framework to investigate the free banking era in 19th century Switzerland and makes three...</citationref>