ValueWalk interviews Detlev Schlichter
byReproduced by kind permission of Jacob Wolinsky at ValueWalk.com Can you tell us a little bit about your background? I studied economics in my…
100% reserve banking
The curse of Babel
byA very old and well known story is told in Genesis 11. It is the story of the curse of Babel: Now the whole…
A Note on the Notice of Withdrawal Clause
byRegular readers of this site may be aware of a debate relating to the contractual devices that banks might use to ensure that they…
Horwitz: To the Opponents of Fractional Reserve Banking
bySteven Horwitz writes In some free-market circles fractional reserve banking (FRB) is blamed for everything from business cycles to bad breath. Defenders are seen…
A third way: instant access by exception
byCross posted at Mises.org and The Coordination Problem. Come the Revolution, in a free banking world, where there is at least no lender of…
Are “normal” businesses 100% reserved?
byWhen discussing the “fraudulent” nature of fractional-reserve banking, the crux of the issue seems to be how the law distinguishes between banks and other…
A Problem with the Baxendale Plan?
byOn this website Toby Baxendale presented his plan for monetary reform. He offered a reward of £1000 for anyone who can provide a logical…
Cobden Centre Annual Lecture 2010 – honest money and the national debt
byLast night, yours truly, along with a number of other Cobden Centre supporters and assorted free marketeers, listened to Toby Baxendale talk about a…
The Emperor’s New Clothes: How to Pay off the National Debt & Give a 28.5% Tax Cut
byI offer a £1,000 reward for anyone who can tell me why this logically won’t work, practical politics, for now, being another matter. What…
The Mystery of Banking
byIf What Has The Government Done To Our Money? is an hors d’oeuvre, then The Mystery of Banking is the main appetiser in our…