Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves скачать в хорошем качестве

Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves

Bob continues his feud with George Selgin, explaining why the alleged free banking period in Scotland doesn't show that free-market banks would carry low reserve ratios. Reason Debate Between Bob and George Selgin: https://Mises.org/HAP453a George Selgin Interview on Free Banking: https://Mises.org/HAP453b Selgin's Response to Bob on Twitter: https://Mises.org/HAP453c Rothbard's Economic Controversies: https://Mises.org/HAP453d Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​. Twitter ►   / mises   Facebook ►   / mises.institute   Instagram ►   / misesinstitute   SoundCloud ►   / misesmedia   Apple Podcasts ► https://podcasts.apple.com/us/artist/... Rumble ► https://rumble.com/c/c-2212754 Odysee ► https://odysee.com/@mises/ Podcasts ► https://mises.org/podcasts Chapters 00:00 Introduction 01:19 The Free Banking Debate with George Selgin 08:19 Larry White and Rothbard on Scottish Free Banking 13:39 Would Unregulated Banks Hold 100% Reserves? 24:51 Rothbard's Response 34:19 Selgin's Response to Rothbard 43:25 Larry White on Free Banking 54:20 Historical Accounts of Scotland Disproving Selgin's Claims 1:04:23 Milton Friedman on Free Banking 1:06:25 Conclusion