Rothbard vs. the Free Bankers

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Tags: Gold Standard, Money and Banking, Booms and Busts

07/28/2026 Robert P. Murphy Keith Knight

Bob reviews Murray Rothbard’s 1988 essay “The Myth of Free Banking in Scotland,” his sharp response to Larry White’s influential account of Scottish free banking.

Related:

Rothbard’s Article, “The Myth of Free Banking in Scotland”: Mises.org/HAP560a
Bob’s Debate with George Selgin on Fractional Reserve Banking: Mises.org/HAP560b
George Selgin’s Article, “Scottish Banks and the Bank Restriction, 1797–1821”: Mises.org/HAP560c
Joe Salerno’s Article on Mises as Currency School Free Banker: Mises.org/HAP560d

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Rothbard vs. the Free Bankers