Note Issue by Banks: A Step toward Free Banking in the United States?
Published in the Cato Journal Vol. 20, No. 3, Winter 2001.
Money and Banking
Displaying 1711 - 1720 of 2016
The Option Clause in Free-Banking Theory and History: A Reappraisal
Banks under a free-banking system, like banks with fractional reserves under any other system, are susceptible to runs. Free-banking theorists maintain that the option clause would be one effective means of dealing with runs on banks.
The Knowledge Problem under Alternative Monetary Regimes
During the past decade a significant change has occurred in the kinds of questions explored by monetary economists. Heretofore, one of the central issues concerned the “rules versus discretion” debate of a central bank empowered monopolistically to supply base money.
Critical Analysis of Central Banks and Fractional-Reserve Free Banking from the Austrian Perspective, A
From The Review of Austrian Economics Vol. 8, No. 2, 1995.
Aurophobia: or, Free Banking on What Standard?
From The Review of Austrian Economics Vol. 6, No. 1, 1992.
A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money
Richard H. Timberlake A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money Acrobat 3.0 Import Plug-in
Greenspan’s Mysterious Conundrum
Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.
