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Tag Archives: banking
Everything Comes Down to Banking Theory
Robert Murphy is one of the more active Austrians involved in using the Depression of 1920 as a vindication of Austrian monetary theory. I decided to scour his blog in search of posts related to his research on the subject. … Continue reading
Selgin’s “Theory of Free Banking” Available Online!
George Selgin’s “The Theory of Free Banking” is now available for free online. Continue reading
Free Banking & Fiduciary Media
Joseph T. Salerno provides an absolutely brilliant overview of the debate between “free bankers” and “full reservists”: White contra Mises on Fiduciary Media. The Mises Institute will also be publishing a book on money by Professor Salerno some time later … Continue reading
Posted in Miscellaneous
Tagged banking, fiduciary, institute, media, Mises, money, Salerno
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Jon Stewart on Banks, Deposits and Money
Some excellent quotes on fractional-reserve banking and regulation. Continue reading
Posted in Miscellaneous
Tagged banking, banks, Daily, fractional, Jon, money, Reserve, Show, Stewart
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Greenspan’s Tenure as the Period of Fastest Growth
When has the United States seen the fastest rate of economic growth? Continue reading
Posted in History
Tagged banking, business, central, cycle, Government, Growth, prosperity, Theory
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Hayek, the Business Cycle and the Financial System
In “Monetary Theory and the Trade Cycle” Hayek holds that the business cycle is caused by fractional-reserve banking, which is a natural credit organization formed out of the market. If this is the case, then it follows that economic cycles are an intrinsic part of capitalism. Continue reading
China’s Bubble Economy Re-Appears
China’s economic growth is turning out to be just another financial bubble ready to pop. The lesson is clear: monetary expansion causes economic instability. This bursts two theoretical bubbles: one, that instability is inherent in global capital markets, and two, that we are preparing to lift out of recession. Continue reading
Posted in Current Events
Tagged assets, banking, Bubble, central, China, commodities, economy, Expansion, fractional, monetary, reserves
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