Title: Lynne Pierson Doti and the Economic History of Unregulated Money and Banking
Authors: Vincent Geloso
Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.
Abstract: Currently, the theoretical literature on unregulated banking (free banking) is extensive. However, the empirical evidence of unregulated banking is thin, relative to the empirical evidence underlying regulated banking. The purpose of this article is to argue that Lynne Pierson Doti's work on Californian banking in the 19th century offers an underappreciated but important roadmap for future research regarding banking activities in unregulated environments. Replicating studies like that of banking in California would enlarge the corpus of empirical evidence regarding free banking theory.
Keywords: Unregulated banking; economic history; free banking; Lynne Pierson Doti; empirical evidence.
Journal of Business and Management, 2016 Vol.22 No.2, pp.51 - 58
Published online: 05 Sep 2024 *