Quarterly Journal of Austrian Economics
Author:
Jesús Huerta de Soto
Online Publish Date:
Volume 1, No. 4 (Winter 1998) Over the last fifteen years there has been a revival of some of the economic doctrines of the old Free-Banking School Supporters of this revival defend the idea that fractional-reserve free banking would not only lead to fewer distortions and financial crises than those generated by the current central banking