Walter Bagehot (1826-1877) was the most famous editor of The Economist. (His last name, by the way, is pronounced “BADGE-it.”) For his wisdom on financial matters, he was dubbed “the spare chancellor,” a reference to the Chancellor of the Exchequer, the British minister of finance. His book…
David Glasner has just begun his own blog, Uneasy Money. Glasner wrote the worthwhile book Free Banking and Monetary Reform (1989). The publisher, Cambridge University Press, wants £72 for it. Amazon sells it at about half as much new, $58, and AbeBoooks.com has used copies starting at $15. Readers who want to…
In a previous post I listed what I consider to be the most important ideas on free banking that have been well known for at least 15 years among those of us interested in the subject. During the 20 years from Friedrich Hayek’s revival of interest in…
The library in my old hometown recently held a competition for the unofficial title of poet laureate of the city. They found two people worthy of the title. One is a high school buddy of mine. Seeing the newspaper story set my mind wandering down the byways…
A recent article in Econ Journal Watch surveying the favorite dead and living economists of 299 respondents caught my eye. It is also tangentially relevant to Brad’s question about the free banking classics. As you would have expected, Adam Smith was the respondents’ favorite economist before the…