The idea of free (or laissez-faire) banking has enjoyed a revival in recent years. It is a novel idea that challenges much accepted banking wisdom by championing free market ideas and opposing government intervention in the banking system.
Reading the Recent Monetary History of the United States, 1959-2007 Fernandez-Villaverde, Jesus Guerron-Quintana, Pablo Rubio-Ramirez, Juan F..
Federal Reserve Bank of St. Louis Review, Vol. 92, No. 4, July-August 2010