Sargent explains how deposit insurance is a pure bad that seeds banking crises


Sargent explains how deposit insurance is a genuine free lunch if bank runs are pure panics

Sargent on history as written by the late switchers, saying I thought of that too; said so in a footnote, in a seminar or as an aside. But Sargent was at Berkeley, knowing who is against everything he, Lucas and others said

From Reactions to the Berkeley story Thomas J. Sargent October 21, 2002

Joe Stiglitz was a consultant to Freddie and Fanny in 2002 on the chances of their mortgage underwriting portfolio going south


Milton Friedman Speaks – Myths That Conceal Reality

Robustness in Economics and Econometrics: Interview with Tom Sargent

David Friedman on Triple V Voluntary Fractional Reserve Banking, Anarchy, Fiat currency