Macro Musings with David Beckworth cover image

Macro Lit Review 2: Highlights from Late 2022 with George Selgin

Macro Musings with David Beckworth

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Macro Musings

When you hear some expert talking about private currency and alluding to the US free banking experience, you're listening to somebody who doesn't know very much about the history of private currencies. Let them bring up the Scottish case, Scottish banking, or the Canadian banking system before they talk about just how bad or good private paper currencies were in the past. We need to look at the big picture and to see what the overall record is.

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