Saturday, October 16, 2010

Sunday, October 10, 2010

Historical data in the fractional reserve banking debate

Previous writing on FRB Revisited:
Part One
Part Two
Part Three

First up, I did not think I was going to be original in the details. I got the two core elements of my own opinions from Bawerk and Mises, which along with other discussions of theory and history (eg Salsman) I integrated into my own thoughts. I did NOT get any of my thoughts from Rothbard. Any correspondence of mine with his will lie in the common reference to Mises plus clear thinking (to the extent possible to Rothbard), not of me reading Rothbard. Moreover, the modern debates have been formally raging for two centuries. I am fairly confident that someone somewhere, probably also now long dead, and perhaps now obscure, has already said what I have come to think as a result of my own judgement. If that includes by people I would otherwise hold in contempt, so be it, and I’ll not apologise for publishing thoughts of my own that others may wrongly presume be sanction of everything that those other people had to say.

(Edit: grammar + bad URL + a few expression faults + the three back-links)

Saturday, October 9, 2010


John Cox has the latest Objectivism Roundup over at Sacred Ego. Enjoy!

btw, I have checked for myself, by actually counting them up after a cut'n'paste from the Carnival banner on past Roundups, that this is indeed #169 (more precisely, that #164 was indeed #164). Just in case anyone was wondering.


Monday, October 4, 2010


Jenn has the latest Objectivist Round-up at Rational Jenn. Nothing from me this week, but still good stuff there. I especially recommend Miranda's visit to the High Museum.