Mathematician Ian Deters returns to the podcast to summarize the results of his computer simulations of a simple model of "free banking," as guided by Bob's instructions. His report has some good news and bad news for Bob.Mentioned in the Episode and Other Links of Interest:The YouTube version of this conversation.This episode’s sponsor, ExPatMoneySummit.com.The website of Ian Deters, including contact info. Ian Deters' appearance on the BMS ep. 287 defending the use of infinite sets in higher mathematics.Bob's recent Human Action podcast episode explaining the Rothbardian view of free banking (and the in-built limits to credit expansion).The Selgin-White 1994 JEL article laying out their model of free banking.Bob's QJAE article critical of the Selgin-White approach to free banking.Help support the Bob Murphy Show.