gold bars

Gold and Free Banking versus Central Banking

– July 27, 2020

“In the absence of government regulation and monopoly control, a free monetary and banking system would exist; it would not have to be created, designed, or supported. A market-based system would naturally emerge, take form, and develop out of the prior system of monetary central planning.” ~ Richard M. Ebeling

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Where Have All the Coins Gone?

– July 11, 2020

“We should acknowledge the weaknesses of our current system and make improvements if possible. At a minimum, that means scrapping the penny. More fundamental reforms, like permitting competition in coinage, would be better still.” ~ William J. Luther

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Argentina in Default, Economists Call for Good Faith Negotiations

With Argentina in Default, Economists Call for Good Faith Negotiations

– June 5, 2020

“Argentina’s economic troubles are self-imposed. They are not the fault of its creditors, who just want to be repaid as promised. Any good-faith solution to Argentina’s problems must start by recognizing the real problem: large fiscal deficits.” ~ Nicholas Cachanosky

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Banking the Unbanked: Lessons from the Developing World

– February 29, 2020

Access to financial services, or “financial inclusion,” has long been recognized as a critical step towards escaping poverty. Having a bank account enables people to protect their savings, diversify risk, lower transaction costs and access credit …

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Financial Services and Hate Speech

– December 17, 2019

The battle over financial deplatforming isn’t going to go away. Before we act, let’s be sure we’ve thought things over.

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Don’t Say Unbanked; Say Differently Banked

– September 18, 2019

Prepaid debit cards issued by retailers like Walmart, the federal government, and banks like Green Dot and Comerica are providing unbanked Americans with a different but fully functional and cost-effective connection to the national payments system.

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scottishthisel

Rothbard’s First Impressions on Free Banking in Scotland Were Correct

– August 18, 2019

Nothing in Rothbard’s later view manages to cast doubt on his earlier view and White’s thesis, much less refute them.

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open vault

Competition Is the Path to Financial Inclusion

– July 8, 2019

Financial regulators appear to fear the creation of a few, small experimental entrants more than they fear the failure of the nation’s many, uber-risky megabanks.

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financialinclusion

Why Financial Inclusion Matters

– June 3, 2019

If members of some group feel excluded from the financial sector, regulators should allow them to form their own financial institutions and give it a go in the marketplace.

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makingdeal

Yes, You Can Sell What You Do Not Own

– April 13, 2019

To remain consistent, opponents of so-called fractional-reserve banking have to denounce overbooking practices among airlines as well as the entire business of insurance.

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Vault

The Rise of Cashless Banks (And What To Do About It)

– March 11, 2019

Bankers have been steadily introducing cashless banks over the last few years in response to falling customer demand for cash. With fewer people wanting to withdraw or deposit cash, the cost of offering these services gets harder to justify to shareholders.

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commoditybank

Financial Discrimination Is Better Tackled by Markets

– February 11, 2019

Complaining about injustice is cheap; bona fide progressives put their money where their ideals are, and reap as they sow.

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