Free Banking in Sweden 1830–1903: Experience and Debate
Between 1830 and 1903, Sweden experienced one of the longest and most successful free-banking periods in history. During this period, private note issuing banks were allowed and prospered.
Between 1830 and 1903, Sweden experienced one of the longest and most successful free-banking periods in history. During this period, private note issuing banks were allowed and prospered.
Selgin (2009) questions the practicality of 100 percent reserve requirements applied to small change. He interprets the private coinage of small change in 18th century England as embodying fiduciary media
This paper provides an empirical investigation of the role of monetary policy in the determination of interest rates and consumption as developed by capital-based macroeconomics
The article by Jörg Guido Hülsmann, “Free Banking and the Free Bankers,” is an important contribution to a proper understanding of free-banking systems. He is perfectly correct in blaming some advocates of free banking who support arguments which are irrelevant or wrong,
The essential reason that a 100-percent-reserve gold standard should be the ultimate goal of monetary reform is that is would secure the economic system against the evils both of inflation and of deflation-depression.
The false-money debate of 1866 in the Journal des Economistes was the first time that uncompromising laissez-fair advocates clashed on the question of fiduciary media.
Austrians have demonstrated that recessions—and depressions—are the inevitable result of central bank intervention in the economy.
This paper discusses Ludwig von Mises's proposals for monetary reform. We will largely focus on technical aspects--the concrete practical steps he recommended
In this article it will be argued that collective corruption - which is the logical result of government interventionism in the field of money production
The best parts of Rahn's book are those dealing with the enhancement of privacy in the digital age. These parts are realistic and encouraging.