#OTD 1916 German World War I peace feelers

Image

Where is private note issue legal?

Mostly Economics

This is a great read by William McBride and Kurt Schuler of Cato Institute. It is connected to this paper which argued text-books misguide students by believing that central banks alone create money. Banks do it as well. This paper suggests that banks have done a good job earlier to create money when there were no central banks. There is no reason why they can’t do it again.

They point how banks issued notes in 18th and 19th century. This was an era of free banking:

During the 18th and 19th centuries and for part of the 20th century, more than 60 countries had free banking. The major characteristics of free banking are competitive issue of notes (paper money) and deposits by commercial banks, low legal barriers to entry, little regulation unique to the industry, and no central control of reserves (the monetary base) within the national monetary system (Dowd 1992, White 1995). Among the countries…

View original post 650 more words

Image

Doug Parkinson – “The Sun Ain’t Gonna Shine Anymore” 1981″ 

JOAN BAEZ LET IT BE

Visions of Anarchy – James Scott, David Friedman, & Robert Ellickson

New Zealand pension fund assets since 2001

image

Source: OECD pension fund statistics and national sources via OECD Pension Outlook 2016.

The truth is out

Image

1974, Part One: the February General Election

RGS History

_73335407_73335406

1974 was the year of two general elections. The first, in February, gave Britain its first hung parliament since 1929. It was the closest of results. Whilst the Conservatives won the popular vote by a mere 193,000, but Labour had four more seats: 301 to 297.

It was not meant to be so. In 1970, Harold Wilson had expected to win, only to see a late surge of support see Ted Heath’s Conservatives win a majority of 31. Faced with an imminent second miners’ strike in three days time, Heath called a snap election on February 7th for three weeks hence, the minimum length of campaign possible. Famously, Heath posed the question ‘who governs Britain?’ perhaps thinking of the violence and upheavals associated with the miners’ strike of 1972. As it was, the miners were, in Jim Prior’s words, ‘as quiet as mice’. Thus, it was the economy that…

View original post 796 more words

Why The Holy Roman Empire Was The WEIRDEST Country Ever

Jim Croce – Time in a bottle – 1973

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

(macro)Economics live from London

Franck Portier's professional page

Catallaxy Files

Australia's leading libertarian and centre-right blog

Climate Audit

by Steve McIntyre

The Secret Barrister

Independent Blogger of the Year, The Comment Awards 2016 & 2017

Notes On Liberty

Spontaneous thoughts on a humble creed

Michael Sandberg's Data Visualization Blog

Getting people excited about their data one visual at a time™

StephenFranks.co.nz

A New Zealand lawyer, ex-MP, farmer and enthusiast for life opines on law, politics and the universe

Friends of Science Calgary

The Sun is the main driver of climate change. Not you. Not carbon dioxide.

Books & Boots

reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

No Punches Pulled

Laughter – the best medicine

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Economic Growth in History

Nuno Palma's economic and political history blog

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

The Long Run

the EHS blog

The Undercover Historian

Beatrice Cherrier's blog

Vincent Geloso

Economics, History, Lots of Data and French Stuff

Climatism

Tracking Anthropogenic Climate Alarmism

Science Matters

Reading between the lines, and underneath the hype.

Point of Order

Politics and the economy

FREEcology

Libertarian environmentalism

Doc's Books

A window into Doc Freiberger's library

Newmark's Door

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Media Myth Alert

Calling out media myths

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

European Royal History

Exploring the History of European Royalty

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

THE COLUMBOPHILE

The blog for those who LOVE Lieutenant Columbo...

The Risk-Monger

Let's examine hard decisions!

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

The truth about the great wind power fraud

Trust, yet verify

Searching for the missing pieces of climate change communication

Roger Pielke Jr.

professor, author, speaker

commentisfreewatch.wordpress.com/

Promoting fair and accurate coverage of Israel

Economics in the Rear-View Mirror

Archival Artifacts from the History of Economics

%d bloggers like this: