Rothbard vs. the Free Bankers

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

07/28/2026 Robert P. Murphy

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
Lawrence White, Free Banking in Britain Mises.org/HAP560e

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Rothbard vs. the Free Bankers