Alexander Hamilton, antebellum banking, First Bank of the United States, mercantilism, ten dollar bill

(Originally appeared on Alt-M on December 30, 2015) *** In this past summer’s controversy over whether Alexander Hamilton’s image should be replaced on the $10 bill, outraged commentators made many extravagant claims on behalf of Hamilton’s wisdom in matters of money and banking policy.  For example, Ben…

AMU, Alternative Money University, monetary economics, students, Cato Institute

After a successful inaugural offering in 2018, the Center for Monetary and Financial Alternatives at the Cato Institute is pleased to announce that Alternative Money University – our 3-day academic workshop for students interested in monetary economics – is coming back in July 2019. As followers of…

free banking, 100% reserve, public banks, economic history, friday flashback

(Originally appeared as George Selgin's first-ever post in Alt-M's predecessor blog freebanking.org.) *** Free bankers have been fighting a war on two fronts.  On one they face champions of central banking and managed money.  On the other they struggle against advocates of 100-percent reserve banking.  Although the…