Many of you may find this Hit & Run blog post interesting A Hayekian Case for Central Banking? Over at Liberty & Power, historian Jeffrey Rogers Hummel discusses a lecture he recently gave entitled "Why Fractional Reserve Banking… Est. reading time: 2 minutes …

I disagree with Mr. Root with regards to this post; I do not find that globalization and international competition among nation-states have approximated anything close to competing private banks – fiat money or no. However, I do think that Reason Magazine does do something for liberty. Whether you …

The point is precisely that an awful lot of libertarians and austrians, Hummel, Caplan, White, Selgin do not oppose free market FRB only government meddling with money. Forget Reason, talk about the real stuff, the lecture by Hummel and his exchange with Caplan. I now have doubts that FRB is fraud…

This was destroyed on RPF of all places.

When does Reason ever take a strong stand against the government? Never? Hummel lost me when he wrote about Rothbard’s populist complaints. Rothbard had forgotten more about banking than this guy knows.

So long as the head of the Federal Reserve Bank is appointed by the POTUS, approved by Congress and regulated by federal law the Federal Reserve Bank does not have true independence. If the federal government simply privatized the Federal Reserve Bank and permitted meaningful competition for its s…

Reason Magazine is a strong opponent of the War on Drugs, (the government’s) War on Poverty, The PATRIOT ACT, censorship in all its forms, they oppose government intrusions into privacy, while not exactly IP opponents they speak out against many abuses of IP, they are opponents of the War in Iraq a…

Don’t bother going on. You completely misconstrue Ron Paul’s immigration/border position. And the more I talk about Reason, the more ticked off I get.

Really? Perhaps the Ron Paul flyers I was handed had some misprints. Does he not oppose “illegal immigration”?

Start a new thread. If you insist on doing this, it is going to be a long one.

Hayekian Case for Central Banking?: A Hit & Run Blog Post

Economics Economics Questions

ryanpatgray August 10, 2008, 10:22am 20

Did done. The new thread is here: https://forum.freecapitalists.org/t/ron-paul-and-invisible-lines-drawn-by-government-thugs/1989

Topic		Replies	Views
Steven Horwitz: Do We Really Need A Central Bank? Economics Questions	54	4221	January 18, 2010
Problems with Hayek? Economics Questions ron-paul , hayek , axiomatic	13	3126	October 3, 2008
I got roasted... History	43	8433	August 1, 2012
Are asset bubbles a "Special Case" that needs central bank control? According to The Economist it is.... Economics Questions	4	1285	August 16, 2010
"Unlearning economics" Economics Questions	26	7119	January 22, 2012

Hayekian Case for Central Banking?: A Hit & Run Blog Post

Related topics

Related on the wiki