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9min chapter
Unpacking Mises: Fractional Reserve Banking and the Currency School
The Human Action Podcast
Mises and the Currency Controversy
This chapter examines the historical context of economic thought, focusing on a key figure's advocacy for the currency school and their critique of the banking school. It also explores Ludwig von Mises' evolving contradictions regarding fractional reserve banking and free banking, highlighting the implications of his theories over time.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode