Rothbard on Fractional Reserve Banking: A Critique.
The argument from Murray Rothbard in The Case for a 100 Percent Gold Dollar, published in 1974, that fractional reserve banking amounts to fraud rules out fractional reserve free banking even in a free market. This goes against fundamental ideas of liberty and the free market, both of which Rothbar...
| Published in: | Independent Review Vol. 14; no. 4; pp. 497 - 513 |
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| Format: | Article |
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Independent Institute
Spring 2010
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511017215&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511017215 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10861653 TIR jtl: Independent Review issn: 10861653 maglogo: N pubinfo: dt: Spring 2010 vid: 14 iid: 4 pid: 2510 pub: Independent Institute artinfo: ui: 511017215 ppf: 497 ppct: 16 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 12MB tig: atl: Rothbard on Fractional Reserve Banking: A Critique. aug: au: Rozeff, Michael S. su: Rothbard, Murray Newton, 1926-1995 Bank reserves Bank deposits sug: subj: Bank reserves Bank deposits Rothbard, Murray Newton, 1926-1995 ab: The argument from Murray Rothbard in The Case for a 100 Percent Gold Dollar, published in 1974, that fractional reserve banking amounts to fraud rules out fractional reserve free banking even in a free market. This goes against fundamental ideas of liberty and the free market, both of which Rothbard advocates. In proposing the illegality of fractional reserve banking, he introduces an ethical judgment based on his assessment of the merits of exchange transactions between banker and depositor. The writer provides a critique of the work of Murray Rothbard. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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