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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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common law

fractional reserve banking, banking, selgin, goldsmith, deposits, common law
Banking Regulation, Economic History

The "Bagging Rule" – Or Why We Shouldn't Arrest (All) the Bankers

George Selgin/September 6, 2017June 19, 2022

As our more regular readers know well, every now and then I like to take another stab at debunking the  myth that fractional reserve banking has fraudulent roots. Besides occurring in numerous textbooks, that myth is routinely expounded in the writings and lectures of certain contemporary Austrian School…

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Commodity Money, Money & Politics, The Fed & Central Banks

Hayekian Musings of a Gold-Standard Pessimist

George Selgin/November 17, 2014June 19, 2022

I reckon myself a fan of the classical (pre-WWI) gold standard, considering it to have been the best monetary arrangement ever, and a far better one than the various supposedly scientific alternatives seen since. I also bristle at misinformed criticisms of that standard, including the very popular…

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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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