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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Economic History, The Fed & Central Banks

Were the Pre-Federal Reserve Days So Bad?

Vern McKinley/June 2, 2011December 19, 2015 /9 Comments

"In the next few days the situation would grow much worse, and the interconnected nature of the relationships among the nation's financial institutions would only enable the contagion to spread." The question I pose is which set of circumstances is the author of this passage describing? Was…

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Free Banking

Rothbard's Vigilantes

George Selgin/June 2, 2011December 19, 2015 /25 Comments

Over at Cafe Hayek, some comments made concerning my last Free Banking post suggest that Murray Rothbard, though opposed in principle to fractional-reserve banking, did not wish to see it prohibited.  That's not really correct.  As I pointed out there: "Actually in arguing that FR banking was…

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Events, Free Banking

Don't expect direct replies

Kurt Schuler/May 31, 2011December 19, 2015 /Leave a comment

Now that the blog is well launched and other contributors are writing posts, I generally will not directly reply to comments. I may reply indirectly in later posts, but I have enough else to do in my life that responding to blog comments is not my top…

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Economic History, Free Banking, Money & Politics, The Fed & Central Banks

The State and 100 Percent Reserve Banking

George Selgin/May 31, 2011December 19, 2015 /64 Comments

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 second front is a lot smaller than the first, it's far from being…

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Economic Thought, Free Banking

Adam Smith, Henry Thornton, and Ludwig von Mises

Kurt Schuler/May 28, 2011December 19, 2015 /9 Comments

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…

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Contributors

  • George Selgin
  • Larry White
  • Hu McCulloch
  • James Dorn
  • Diego Zuluaga
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Categories

  • Banking Regulation (101)
  • Booms & Busts (45)
  • Commodity Money (73)
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  • Fiat Money (73)
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  • The Fed & Central Banks (351)
  • Uncategorized (11)
  • Working Papers (1)

Recent Posts

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  • Hu McCulloch on Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II
  • Brutus admirer on Has Bitcoin Succeeded?

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today's centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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