Professor Kevin Dowd is a Senior Fellow with the Cobden Centre and a long-standing free market economist whose main work has been on free banking and unregulated monetary systems. Over the years, he has written extensively on the history and theory of free banking, the mechanics of monetary systems without the state and the failings of central banking and financial regulation.
The following, written exclusively for The Cobden Centre, is by Dean Buckner (Life Insurance and Pensions Department, Bank of England) Introduction Should regulators…