Fractional Reserve Banking: Some Quibbles
We explore several unaddressed issues in George Selgin’s (1988) claim that the best monetary system to maintain monetary equilibrium is a fractional reserve free banking one.
Money and Banking
Displaying 1131 - 1140 of 2009
Review of Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System, by Barry Eichengreen
Recent events in the US — high unemployment, record federal deficits, and unprecedented financial distress — have raised serious doubts about the future of the dollar.
Bankruptcy as an Economic Intervention
Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co
Intergenerational Invisible Hand: A Comment on Sartorius’s “Government Regulation and Intergenerational Justice”
In “Government Regulation and Intergenerational Justice,” Rolf Sartorius argues that some government regulation is justified in order t
The State of Economics in Austria Today: An Interview with Karl Socher [Full Edition of Vol. 11, No. 1]
Volume 11, Number 1 (Winter/Spring 1990)
Professor Karl Socher of the University of Innsbruck, Austria discusses Austrian Economics in
The Vocation of Economics: An Interview with Timothy Terrell
Volume 23, Number 1 (Spring 2003)
The Trouble with Prosperity: An Interview with James Grant
Volume 16, Number 4 (Winter 1996)
The Other Side of the Coin: Free Banking in Chile [Full Edition of Vol. 10, No. 2]
Volume 10, Number 2
Murray N. Rothbard discusses the downsides to free banking, as evidenced by 19th century Chile.
The State of Economics in Austria Today: An Interview with Karl Socher
Volume 11, Number 1 (Winter/Spring 1990)
Professor Karl Socher of the University of Innsbruck, Austria discusses Austrian Economics in
The “True” Money Supply: A Measure of the Supply of the Medium of Exchange in the U.S. Economy
Volume 6, Number 4 (Spring 1987)
Joseph T. Salerno discusses measuring the money supply of the U.S. economy.
