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Free Banking in Brazil
Posted By Steve Horwitz On February 4, 2012 @ 9:09 pm In Free Banking | 6 Comments
I'm currently in Brazil at a summer seminar for young Brazilians interested in libertarian ideas sponsored by the Atlas Foundation and OrdemLivre.org in the beautiful mountain town of Petropolis outside of Rio. On Thursday, I participated in a debate at the equivalent of the Chamber of Commerce in Sao Paulo celebrating the Mises-Brazil Portuguese translation of Ron Paul's End the Fed. Around 70 people stuck around for almost 3 hours to listen to me give a 45 minute talk on why we don't need a central bank, followed by commentary and discussion from other participants. The event was well-covered by the Brazilian press, including a nice story in the top economics paper in the country that included a picture pairing that I just loved (that's a Facebook link as I can't find it online).
There was also some TV coverage. My bit is, in fact, in English.
It's amazing to think that a debate like this could draw this much attention in a part of the world not known for skepticism about central banking. That, I think, is a good sign.
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