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Ep 397: Larry White and the First Principles of Money

The Seen and the Unseen - hosted by Amit Varma

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The Evolution of Central Banking: The Bank of England and Beyond

This chapter explores the historical development of the Bank of England, its establishment as a central bank, and its implications for banking practices. It contrasts the evolution of banking systems in the U.S. and Canada, highlighting challenges like liquidity crises and the dynamics of free versus regulated banking. The discussion also considers shifts in economic thought regarding banking regulation and the implications for monetary policy.

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