Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.
Joseph Solis-Mullen
Author of The Fake China Threat, The National Debt and You, and Classical Liberalism, Joseph Solis-Mullen is a political scientist, economist, and historian. A graduate of Spring Arbor University, the University of Illinois, and the University of Missouri, he teaches history and politics at Spring Arbor University, economics at Jackson College, and is the Ralph Raico Fellow at the Libertarian Institute. His work has appeared in the Journal of Austrian Economics, Journal of Libertarian Studies, Journal of the American Revolution, and Antiwar.com You can contact him via joseph@libertarianinstitute.org or find him on Twitter @solis_mullen.