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George A. Selgin

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. George Selgin & Lawrence White, 2005. "Credible Currency: A Constitutional Perspective," Constitutional Political Economy, Springer, vol. 16(1), pages 71-83, January.

    Mentioned in:

    1. Respuestas a diez objeciones al patrón oro
      by Adrián Ravier in Punto de Vista Economico on 2012-05-23 18:06:50
  2. Selgin, George A. & White, Lawrence H., 1985. "The Evolution of a Free Banking System," Working Papers 85-38, C.V. Starr Center for Applied Economics, New York University.

    Mentioned in:

    1. La Regla de Hayek y la Norma de Productividad
      by Nicolas Cachanosky in Punto de Vista Economico on 2012-05-02 08:10:26
    2. Es Posible el Dinero Privado?
      by Nicolas Cachanosky in Punto de Vista Economico on 2012-06-11 08:10:27
  3. Selgin, G.A. & White, L.H., 1993. "How Would the Invisible Hand Handle Money?," Papers 380e, Georgia - College of Business Administration, Department of Economics.

    Mentioned in:

    1. La Regla de Hayek y la Norma de Productividad
      by Nicolas Cachanosky in Punto de Vista Economico on 2012-05-02 08:10:26
  4. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.

    Mentioned in:

    1. The Very Model of a Modern Monetary Economist
      by George Selgin in Free Banking on 2015-05-19 00:38:16
  5. Selgin, George, 2004. "Wholesale payments: questioning the market-failure hypothesis," International Review of Law and Economics, Elsevier, vol. 24(3), pages 333-350, September.

    Mentioned in:

    1. Intraday overdrafts, clearing and settlement systems, and Fedwire
      by JP Koning in Moneyness on 2012-01-09 04:59:00
  6. Selgin, G., 1993. "Are Banking Crises a Free-Market Phenomenon?," Papers 386e, Georgia - College of Business Administration, Department of Economics.

    Mentioned in:

    1. Es Posible el Dinero Privado?
      by Nicolas Cachanosky in Punto de Vista Economico on 2012-06-11 08:10:27

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Selgin, George A. & White, Lawrence H., 1985. "The Evolution of a Free Banking System," Working Papers 85-38, C.V. Starr Center for Applied Economics, New York University.

    Mentioned in:

    1. Banque libre in Wikipedia (French)

Working papers

  1. Selgin, G., 1993. "Are Banking Crises a Free-Market Phenomenon?," Papers 386e, Georgia - College of Business Administration, Department of Economics.

    Cited by:

    1. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.

  2. Selgin, G., 1993. "In Defence of Bank Suspension," Papers 367, Georgia - College of Business Administration, Department of Economics.

    Cited by:

    1. Alberto ZAZZARO, 2002. "How Heterodox is the Heterodoxy of the Monetary Circuit Theory? The Nature of Money and the Microeconomy of the Circuit," Working Papers 163, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    2. Dwyer, Gerald Jr. & Hasan, Iftekhar, 2007. "Suspension of payments, bank failures, and the nonbank public's losses," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 565-580, March.
    3. Huberto Ennis & Todd Keister, 2016. "Optimal banking contracts and financial fragility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 335-363, February.
    4. Paul Hoffman & Anthony M. Santomero, 1998. "Problem Bank Resolution: Evaluating the Options," Center for Financial Institutions Working Papers 98-05, Wharton School Center for Financial Institutions, University of Pennsylvania.
    5. Wilboor Brun, 2003. "La Teoría de la Banca Libre," Documentos de trabajo 5/2003, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
    6. Kevin Dowd, 2000. "Bank Capital Adequacy versus Deposit Insurance," Journal of Financial Services Research, Springer;Western Finance Association, vol. 17(1), pages 7-15, February.
    7. Mathieu Bédard, 2012. "Informational Contagion and the Entrepreneurial Production of Informational Remedies," CAE Working Papers 96, Aix-Marseille Université, CERGAM, revised Mar 2013.
    8. Charles M. Kahn & William Roberds, 1995. "On the efficiency of cash settlement," FRB Atlanta Working Paper 95-11, Federal Reserve Bank of Atlanta.
    9. Mathieu Bédard, 2016. "In Which Context is the Option Clause Desirable?," Journal of Business Ethics, Springer, vol. 139(2), pages 287-297, December.
    10. Xavier Freixas & Curzio Giannini & Glenn Hoggarth & Farouk Soussa, 2000. "Lender of Last Resort: What Have We Learned Since Bagehot?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 18(1), pages 63-84, October.
    11. Armantier, Olivier & Ghysels, Eric & Sarkar, Asani & Shrader, Jeffrey, 2015. "Discount window stigma during the 2007–2008 financial crisis," Journal of Financial Economics, Elsevier, vol. 118(2), pages 317-335.
    12. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    13. APATACHIOAE, Adina, 2014. "Free Banking – Possible Solution To The Recent Crisis?," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 66-72.

  3. Selgin, G., 1993. "On Ensuring the Acceptability of a New Fiat Money," Papers 368, Georgia - College of Business Administration, Department of Economics.

    Cited by:

    1. Sebastien Lotz & Guillaume Rocheteau, 2000. "Launching of a New Currency in a Simple Random Matching Model," Econometric Society World Congress 2000 Contributed Papers 0720, Econometric Society.
    2. Mack Ott & John Tatom, 2015. "Government Finance and the Demand for Money - the Relationship Between Taxation and the Acceptability of Fiat Money," Studies in Applied Economics 37, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    3. Frasser, Cristian & Guzmán, Gabriel, 2020. "What do we call money? An appraisal of the money-or-nonmoney view," MPRA Paper 117909, University Library of Munich, Germany.
    4. Isaiah Hull & Or Sattath, 2024. "The properties of contemporary money," Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1132-1155, September.
    5. Dwight R. Lee, 2001. "The Internet, the Market, and Communication: Don't Ignore the Shoe While Admiring the Shine," Cato Journal, Cato Journal, Cato Institute, vol. 20(3), Fall.
    6. van Ees, Hans & Garretsen, Harry, 1995. "Existence and stability of conventions and institutions in a monetary economy," Journal of Economic Behavior & Organization, Elsevier, vol. 28(2), pages 275-288, October.
    7. Gerald P. Dwyer Jr. & James R. Lothian, 2003. "International Money and Common Currencies in Historical Perspective," International Finance 0311005, University Library of Munich, Germany.
    8. Mack Ott & John A. Tatom, 2016. "Government Finance and the Demand for Money—The Relation between Taxation and the Acceptability of Fiat Money," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 45(1), pages 53-77, February.
    9. Marthinsen, John E. & Gordon, Steven R., 2022. "Hyperinflation, Optimal Currency Scopes, and a Cryptocurrency Alternative to Dollarization," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 161-173.
    10. Mack Ott & John A. Tatom, 2006. "Money and Taxes - The Relation Between Financial Sector Development and Taxation," NFI Working Papers 2006-WP-09, Indiana State University, Scott College of Business, Networks Financial Institute.
    11. van den Hauwe, Ludwig, 2006. "The Uneasy Case for Fractional-Reserve Free Banking," MPRA Paper 120, University Library of Munich, Germany.
    12. Ben Fung & Hanna Halaburda, 2016. "Central Bank Digital Currencies: A Framework for Assessing Why and How," Discussion Papers 16-22, Bank of Canada.
    13. Gerald P. Dwyer & James R. Lothian, 2003. "The economics of international monies," FRB Atlanta Working Paper 2003-37, Federal Reserve Bank of Atlanta.
    14. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2015. "Institutional stickiness and the New Development Economics," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 6, pages 123-146, Edward Elgar Publishing.
    15. Tatom, John & Ott, Mack, 2006. "Money and Taxes: The Relationship Between Financial Sector Development and Taxation," MPRA Paper 4117, University Library of Munich, Germany.
    16. Isaiah Hull & Or Sattath, 2021. "Revisiting the Properties of Money," Papers 2111.04483, arXiv.org, revised Nov 2021.
    17. Cutsinger, Bryan P. & Rouanet, Louis & Ingber, Joshua S., 2023. "Assignats or death: The politics and dynamics of hyperinflation in revolutionary France," European Economic Review, Elsevier, vol. 157(C).
    18. Lennart Ante, 2020. "A place next to Satoshi: foundations of blockchain and cryptocurrency research in business and economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(2), pages 1305-1333, August.
    19. Horwitz, Steven, 2011. "Do we need a distinct monetary constitution?," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 331-338.
    20. George Selgin, 2003. "Adaptive Learning and the Transition to Fiat Money," Economic Journal, Royal Economic Society, vol. 113(484), pages 147-165, January.
    21. Alexander W. Salter & William J. Luther, 2014. "Synthesizing State and Spontaneous Order Theories of Money," Advances in Austrian Economics, in: Entangled Political Economy, volume 18, pages 161-178, Emerald Group Publishing Limited.
    22. Joshua R. Hendrickson & Thomas L. Hogan & William J. Luther, 2016. "The Political Economy Of Bitcoin," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 925-939, April.
    23. Von dem Berge, Lukas, 2014. "Parallel currencies in historical perspective," CAWM Discussion Papers 75, University of Münster, Münster Center for Economic Policy (MEP).
    24. Hendrickson, Joshua R. & Luther, William J., 2017. "Banning bitcoin," Journal of Economic Behavior & Organization, Elsevier, vol. 141(C), pages 188-195.

  4. Selgin, G.A. & White, L.H., 1993. "How Would the Invisible Hand Handle Money?," Papers 380e, Georgia - College of Business Administration, Department of Economics.

    Cited by:

    1. Ogren, Anders, 2006. "Free or central banking? Liquidity and financial deepening in Sweden, 1834-1913," Explorations in Economic History, Elsevier, vol. 43(1), pages 64-93, January.
    2. Gentier Antoine, 2000. "Liberte Bancaire Ou Regulation Par Une Autorite Monetaire ?: Une Comparaison De Deux Systemes En Longue Periode: - Le Massachusetts (1803-1858) - La France (1800-1870)," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(1), pages 119-156, March.
    3. Faruk Ülgen, 2022. "From the Crisis of Financialization to the Covid Crisis: in Search of a Collective Action Between Market and State," Post-Print halshs-04547775, HAL.
    4. J. S. Ferris & J. A. Galbraith, 2003. "Indirect convertibility as a money rule for inflation targeting," Applied Financial Economics, Taylor & Francis Journals, vol. 13(10), pages 753-761.
    5. Boettke, Peter & Smith, Daniel & Snow, Nicholas, 2011. "Been there done that: the political economy of Déjà Vu," MPRA Paper 32094, University Library of Munich, Germany.
    6. Jafarey, Saqib & Rupert, Peter, 2001. "Limited Commitment, Money, and Credit," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 22-58, July.
    7. Salter, Alexander William & Young, Andrew T., 2018. "Would a free banking system stabilize NGDP growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 21-25.
    8. Geoffrey E. Wood, 2003. "Too Much Regulation?," Economic Affairs, Wiley Blackwell, vol. 23(3), pages 21-27, September.
    9. Baek, Jungho & Caton, James Lee & Miljkovic, Dragan, 2025. "Testing monetary neutrality with respect to relative price of oil using divisia M4," The Quarterly Review of Economics and Finance, Elsevier, vol. 101(C).
    10. Juliusz Jablecki, 2009. "The impact of Basel I capital requirements on bank behavior and the efficacy of monetary policy," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 2(1), pages 16-35, June.
    11. William D. Lastrapes & George Selgin, 2012. "Banknotes And Economic Growth," Scottish Journal of Political Economy, Scottish Economic Society, vol. 59(4), pages 390-418, September.
    12. Hendrickson, Joshua R. & Salter, Alexander W., 2018. "Going beyond monetary constitutions: The congruence of money and finance," The Quarterly Review of Economics and Finance, Elsevier, vol. 69(C), pages 22-28.
    13. Edward J. Stevens, 1995. "Defining the monetary base in a deregulated financial system," Working Papers (Old Series) 9514, Federal Reserve Bank of Cleveland.
    14. Étienne Farvaque, 2007. "Fondements constitutionnels de l’indépendance des Banques centrales : des Pères fondateurs de la nation américaine à la Banque centrale européenne," Revue d'Économie Financière, Programme National Persée, vol. 87(1), pages 225-239.
    15. Salter, Alexander William & Young, Andrew T., 2018. "A theory of self-enforcing monetary constitutions with reference to the Suffolk System, 1825–1858," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 13-22.
    16. Alexander W. Salter & Daniel J. Smith, 2017. "What You Don'T Know Can Hurt You: Knowledge Problems In Monetary Policy," Contemporary Economic Policy, Western Economic Association International, vol. 35(3), pages 505-517, July.
    17. Tomas Otahal, 2011. "Rent-Seeking Origins of Central Banks: The Case of the Federal Reserve System," MENDELU Working Papers in Business and Economics 2011-08, Mendel University in Brno, Faculty of Business and Economics.
    18. Jesús Fernández‐Villaverde, 2018. "Cryptocurrencies: A Crash Course in Digital Monetary Economics," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(4), pages 514-526, December.
    19. Alexander William Salter & Andrew T. Young, 2015. "Would a Free Banking System Target NGDP Growth?," Working Papers 15-08, Department of Economics, West Virginia University.
    20. Thomas L. Hogan, Daniel J. Smith, Robin Aguiar-Hicks, 2018. "Central Banking without Romance," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 15(2), pages 293-314, December.
    21. Giuseppina Gianfreda & Nathalie Janson, 2001. "Le banche di emissione in Italia tra il 1861 e il 1893: un caso di concorrenza?," Rivista di Politica Economica, SIPI Spa, vol. 91(1), pages 15-74, January.
    22. Steven G. Horwitz & William J. Luther, 2011. "The Great Recession and its Aftermath from a Monetary Equilibrium Theory Perspective," Chapters, in: Steven Kates (ed.), The Global Financial Crisis, chapter 4, Edward Elgar Publishing.
    23. Kevin Dowd, 2018. "Frank Decker On Unstable Free Banking And The Stable Competitive Issue Of Irredeemable Currency: Comment," Economic Affairs, Wiley Blackwell, vol. 38(1), pages 139-140, February.
    24. Joshua Hendrickson, 2025. "The case for nominal GDP level targeting," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1404-1419, April.
    25. Elaine Tan, 2011. "Scrip as private money, monetary monopoly, and the rent‐seeking state in Britain," Economic History Review, Economic History Society, vol. 64(1), pages 237-255, February.
    26. Lee, B.C. & Longe-Akindemowo, O., 1998. "Regulatory Issues in Electronic Money: A Legal-Economics Analysis," Economics Working Papers wp98-02, School of Economics, University of Wollongong, NSW, Australia.
    27. Cachanosky, Nicolás & Salter, Alexander W. & Savanti, Ignacio, 2022. "Can dollarization constrain a populist leader? The case of Rafael Correa in Ecuador," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 430-442.
    28. Jesús Fernández-Villaverde & Daniel Sanches, 2016. "Can Currency Competition Work?," NBER Working Papers 22157, National Bureau of Economic Research, Inc.
    29. Dominique Hachette & Fernando Ossa & Francisco Rosende, 1996. "Aspectos Monetarios y Macroeconómicos de la Integración," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 33(98), pages 153-183.
    30. Alexander Fink, 2014. "Free banking as an evolving system: The case of Switzerland reconsidered," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 57-69, March.
    31. Nikolay Nenovsky, 2004. "Elements of Hayeks Monetary Theory," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 84-88.
    32. J. Stephen Ferris & J.A. Galbraith, 2000. "Indirect Convertibility, Inflation Targeting, and Monetary Policy Rules," Carleton Economic Papers 00-10, Carleton University, Department of Economics.
    33. Quinn, Stephen, 1997. "Goldsmith-Banking: Mutual Acceptance and Interbanker Clearing in Restoration London," Explorations in Economic History, Elsevier, vol. 34(4), pages 411-432, October.
    34. George C. Bitros, 2015. "Thinking Ahead of the Next Big Crash," Cato Journal, Cato Journal, Cato Institute, vol. 35(1), pages 67-93, Winter.
    35. Young, Andrew T. & Dove, John A., 2013. "Policing the chain gang: Panel cointegration analysis of the stability of the Suffolk System, 1825–1858," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 182-196.
    36. Manfred Neldner, 2003. "Competition Necessarily Tends to Produce Excess: The Experience of Free Banking in Switzerland," German Economic Review, Verein für Socialpolitik, vol. 4(3), pages 389-408, August.
    37. Nicholas Curott, 2016. "Adam Smith’s Theory of Money and Banking," Studies in Applied Economics 47, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    38. Patrice T. Robitaille, 1997. "Private payments systems in historical perspective: the Banco Central system of Mexico," International Finance Discussion Papers 599, Board of Governors of the Federal Reserve System (U.S.).
    39. Sánchez-Ballesta, Juan Pedro & Lloréns, Mercedes Bernal, 2010. "Monitoring, reputation and accountability in issuing banks in mid-nineteenth-century Spain," Explorations in Economic History, Elsevier, vol. 47(4), pages 403-419, October.
    40. Alessio Moro & Galo Nuño & Pedro Tedde, 2015. "A twin crisis with multiple banks of issue. Spain in the 1860s," European Review of Economic History, European Historical Economics Society, vol. 19(2), pages 171-194.
    41. Peter J. Boettke & Alexander W. Salter & Daniel J. Smith, 2018. "Money as meta-rule: Buchanan’s constitutional economics as a foundation for monetary stability," Public Choice, Springer, vol. 176(3), pages 529-555, September.
    42. Alexander Salter, 2014. "Is there a self-enforcing monetary constitution?," Constitutional Political Economy, Springer, vol. 25(3), pages 280-300, September.
    43. Nils Herger, 2019. "Unregulated and regulated free banking. The case of Switzerland reinterpreted," Working Papers 19.06, Swiss National Bank, Study Center Gerzensee.
    44. Bryan P. Cutsinger, 2021. "Forced savings and political malinvestment: an application of steve horwitz’s microfoundations and macroeconomics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(2), pages 311-322, June.
    45. Gentier Antoine, 2013. "3 Comments on “An Austrian Defense of the Euro”," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 19(1), pages 29-40, December.
    46. Laurent Le Maux, 2021. "Bagehot for Central Bankers," Working Papers hal-03201509, HAL.
    47. Daniel R. Sanches, 2016. "The Free-Banking Era: A Lesson for Today?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(3), pages 9-14, July.
    48. Nikolay Nenovsky, 2009. "On Money as an Institution," ICER Working Papers 12-2009, ICER - International Centre for Economic Research.
    49. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2015. "Institutional stickiness and the New Development Economics," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 6, pages 123-146, Edward Elgar Publishing.
    50. Anthony Evans, 2014. "In Defence of ‘Demand’ Deposits: Contractual Solutions to the Barnett and Block, and Bagus and Howden Debate," Journal of Business Ethics, Springer, vol. 124(2), pages 351-364, October.
    51. Pierre Garrouste, 2008. "The Austrian roots of the economics of institutions," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(4), pages 251-269, December.
    52. Bliek Jean-Gabriel, 1999. "Hayek's Anti-Cycle Theory as the Rule of Necessity," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 9(4), pages 589-608, December.
    53. Salter, Alexander William & Tarko, Vlad, 2017. "Polycentric banking and macroeconomic stability," Business and Politics, Cambridge University Press, vol. 19(2), pages 365-395, June.
    54. Reiner Eichenberger & Sergio Rossi, 2004. "Die Deregulierung der Zentralbanken: Auf zu einem internationalen Markt für gute Geldpolitik!," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 140(3), pages 327-353, September.
    55. Lawrence H. White, 2008. "Did Hayek and Robbins Deepen the Great Depression?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 751-768, June.
    56. Daniel J. Smith, 2023. "Austrian economics as a relevant research program," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(4), pages 501-514, December.
    57. Claudio Borio, 2019. "On money, debt, trust and central banking," BIS Working Papers 763, Bank for International Settlements.
    58. Malcolm Edey, 1997. "The Debate on Alternatives for Monetary Policy in Australia," RBA Annual Conference Volume (Discontinued), in: Philip Lowe (ed.),Monetary Policy and Inflation Targeting, Reserve Bank of Australia.
    59. Oya Pinar Ardic & Uygar Yuzereroglu, 2006. "A Multinomial Logit Model of Bank Choice: An Application to Turkey," Working Papers 2006/02, Bogazici University, Department of Economics.
    60. Mathieu Bédard, 2016. "In Which Context is the Option Clause Desirable?," Journal of Business Ethics, Springer, vol. 139(2), pages 287-297, December.
    61. Pascal Salin, 2015. "Competition, Coordination and Diversity," Books, Edward Elgar Publishing, number 16033.
    62. Boettke, Peter & Smith, Daniel, 2011. "Robust political economy and the Federal Reserve," MPRA Paper 32092, University Library of Munich, Germany.
    63. Peter J. Boettke & Liya Palagashvili, 2015. "Taming Leviathan," Supreme Court Economic Review, University of Chicago Press, vol. 23(1), pages 279-303.
    64. Alexander William Salter, 2017. "Playing at markets: A New Austrian perspective on macroeconomic policy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 39-49, March.
    65. Horwitz, Steven, 2011. "Do we need a distinct monetary constitution?," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 331-338.
    66. Colin Rogers & Thomas K. Rymes, 2001. "Indirect Convertibility and Quasi-futures Contracts: Two Non-operational Schemes for Automatic Stabilisation of the Price Level," Adelaide Economics Working Papers 2001-04, Adelaide University, School of Economics.
    67. Laurent LE MAUX, 2004. "L’émergence d’une banque supérieure sous le régime de la liberté bancaire," Discussion Papers (REL - Recherches Economiques de Louvain) 2004024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    68. Paul Lewis & Richard E. Wagner, 2017. "New Austrian macro theory: A call for inquiry," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 1-18, March.
    69. Peter J. Boettke & Daniel J. Smith, 2016. "Evolving views on monetary policy in the thought of Hayek, Friedman, and Buchanan," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(4), pages 351-370, December.
    70. Alexander William Salter, 2014. "Debt Erosion and the Market Process," Economic Affairs, Wiley Blackwell, vol. 34(3), pages 370-378, October.
    71. Ivana Ryvolová, 2008. "Credit Creation Of Money As A Failure Of Commercial Banks´ Incentives," Romanian Economic Business Review, Romanian-American University, vol. 3(2), pages 78-85, June.
    72. Randall S. Kroszner, 1998. "Lessons from a laissez-faire payments system: the Suffolk Banking System, 1825-58 - commentary," Review, Federal Reserve Bank of St. Louis, issue May, pages 117-120.
    73. Laura Davidson, 2015. "Ethical Differences Between Loan Maturity Mismatching and Fractional Reserve Banking: A Natural Law Approach," Journal of Business Ethics, Springer, vol. 131(1), pages 9-18, September.
    74. Madalina Radoi & Alexandru Olteanu, 2014. "Theories On The Money Non-Neutral Nature And De-Monopolization," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 2(2), pages 153-160, November.
    75. Waknis, Parag, 2017. "Competitive Supply of Money in a New Monetarist Model," MPRA Paper 75401, University Library of Munich, Germany.
    76. Bitros, George C., 2020. "Thinking ahead of the next big crash: Clues from Athens in classical times," MPRA Paper 101217, University Library of Munich, Germany.
    77. Carmine DiNoia, 1994. "Structuring Deposit Insurance in Europe: Some Considerations and a Regulatory Game," Center for Financial Institutions Working Papers 94-31, Wharton School Center for Financial Institutions, University of Pennsylvania.
    78. Bliek Jean-Gabriel, 1999. "Hayek's Anti-Cycle Theory As The Rule Of Necessity," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 9(4), pages 1-21, December.
    79. Bédard Mathieu, 2014. "Contagious Bank Failures in a Free Banking System: A Persistent Misunderstanding," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 20(1), pages 71-78, July.
    80. Gerald P. Dwyer & Rik Hafer, 2001. "Bank failures in banking panics: Risky banks or road kill?," FRB Atlanta Working Paper 2001-13, Federal Reserve Bank of Atlanta.
    81. Víctor I. Espinosa & Miguel A. Alonso-Neira & Jesús Huerta de Soto, 2023. "The Ethics of Fractional-Reserve Banking System: A Private Property Rights Approach," Economies, MDPI, vol. 11(9), pages 1-15, August.
    82. Nenovsky, Nikolay & Faudot, Adrien, 2023. "Фридрих Хайек За Международният Паричен Ред. Идеи И Проекти От 30-Те И 40 Години [Friedrich Hayek on the international monetary order. Ideas and projects from the 30s and 40s]," MPRA Paper 116531, University Library of Munich, Germany.
    83. Howard Bodenhorn, 2017. "Opening Access: Banks and Politics in New York from the Revolution to the Civil War," NBER Working Papers 23560, National Bureau of Economic Research, Inc.
    84. Anthony M. Endres, 2009. "Currency Competition: A Hayekian Perspective on International Monetary Integration," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1251-1263, September.
    85. Luther, William J. & Stein Smith, Sean, 2020. "Is Bitcoin a decentralized payment mechanism?," Journal of Institutional Economics, Cambridge University Press, vol. 16(4), pages 433-444, August.
    86. Anthony J. Evans, 2017. "Monetary Ratios in a Modern Regime: Why the Monetary Base still Matters," Economic Affairs, Wiley Blackwell, vol. 37(1), pages 102-111, February.
    87. Bagus, Philipp & Howden, David, 2010. "Fractional Reserve Banking: Some Quibbles," MPRA Paper 79590, University Library of Munich, Germany.
    88. J. Stephen Ferris & John Galbraith, 2006. "On Hayek's denationalization of money, free banking and inflation targeting," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(2), pages 213-231.

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    1. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.
    2. Alexander Lipton, 2016. "Modern Monetary Circuit Theory, Stability Of Interconnected Banking Network, And Balance Sheet Optimization For Individual Banks," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 19(06), pages 1-57, September.
    3. Sylvie Diatkine, 1994. "A propos de la position de Ricardo concernant la liberté d'émission de la monnaie," Cahiers d'Économie Politique, Programme National Persée, vol. 23(1), pages 79-99.
    4. Sabrina Aufiero & Silvia Bartolucci & Fabio Caccioli & Pierpaolo Vivo, 2025. "Mapping Microscopic and Systemic Risks in TradFi and DeFi: a literature review," Papers 2508.12007, arXiv.org.
    5. van Ees, Hans & Garretsen, Harry, 1995. "Existence and stability of conventions and institutions in a monetary economy," Journal of Economic Behavior & Organization, Elsevier, vol. 28(2), pages 275-288, October.
    6. Rania Adel Al-Bawwab, 2022. "The zecca mint: a self-enforcing monetary constitution in historic venice," Economics of Governance, Springer, vol. 23(1), pages 1-15, March.
    7. William Keech & Michael Munger, 2015. "The anatomy of government failure," Public Choice, Springer, vol. 164(1), pages 1-42, July.
    8. Cachanosky, Nicolás & Salter, Alexander W. & Savanti, Ignacio, 2022. "Can dollarization constrain a populist leader? The case of Rafael Correa in Ecuador," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 430-442.
    9. James A. Dorn, 2010. "Editor's Note," Cato Journal, Cato Journal, Cato Institute, vol. 30(3), Fall.
    10. Alexander Fink, 2014. "Free banking as an evolving system: The case of Switzerland reconsidered," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 57-69, March.
    11. Daniel Sanches, 2016. "On The Welfare Properties Of Fractional Reserve Banking," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(3), pages 935-954, August.
    12. Pedro Teles & Ramon Marimon, 2011. "Money is an experience good: competition and trust in the private provision of money," Working Papers w201118, Banco de Portugal, Economics and Research Department.
    13. Nicholas Curott, 2016. "Adam Smith’s Theory of Money and Banking," Studies in Applied Economics 47, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    14. Lawrence H. White, 1989. "What Kinds of Monetary Institutions Would a Free Market Deliver?," Cato Journal, Cato Journal, Cato Institute, vol. 9(2), pages 367-403, Fall.
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    16. Daniel R. Sanches, 2016. "The Free-Banking Era: A Lesson for Today?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(3), pages 9-14, July.
    17. Volodymyr Vysochansky, 2014. "Normalization of Banking," Finance vysochansky_volodymyr.522, Socionet.
    18. Kristoffer Mousten Hansen, 2021. "Are Free Market Fiduciary Media Possible? On the Nature of Money, Banking, and Money Production in the Free Market Order," Post-Print hal-03480292, HAL.
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    24. Darcy W E Allen & Chris Berg & Sinclair Davidson & Jason Potts, 2021. "Blockchain and investment: An Austrian approach," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(1), pages 149-162, March.
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Articles

  1. George Selgin, 2021. "The fiscal and monetary response to COVID‐19: What the Great Depression has – and hasn't – taught us," Economic Affairs, Wiley Blackwell, vol. 41(1), pages 3-20, February.

    Cited by:

    1. Aizenman, Joshua & Eldén, William & Jinjarak, Yothin & Uddin, Gazi Salah & Widholm, Frida, 2026. "Spillovers of U.S. fiscal challenges: The global impact of U.S. fiscal dominance concerns on interest rates in emerging and developed markets," Economic Modelling, Elsevier, vol. 154(C).
    2. Heinemann Friedrich & Kemper Jan, 2021. "The ECB Under the Threat of Fiscal Dominance – The Individual Central Banker Dimension," The Economists' Voice, De Gruyter, vol. 18(1), pages 5-30, December.

  2. George Selgin, 2016. "Real and Pseudo Monetary Rules," Cato Journal, Cato Journal, Cato Institute, vol. 36(2), pages 279-296, Spring/Su.

    Cited by:

    1. Peter J. Boettke & Alexander W. Salter & Daniel J. Smith, 2018. "Money as meta-rule: Buchanan’s constitutional economics as a foundation for monetary stability," Public Choice, Springer, vol. 176(3), pages 529-555, September.
    2. Pablo Paniagua, 2023. "Money and the rule of Law," Constitutional Political Economy, Springer, vol. 34(2), pages 260-266, June.
    3. James Caton, 2020. "The evolution of Hayek's thought on gold and monetary standards," Southern Economic Journal, John Wiley & Sons, vol. 87(1), pages 386-405, July.

  3. Selgin, George, 2015. "Synthetic commodity money," Journal of Financial Stability, Elsevier, vol. 17(C), pages 92-99.

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    1. Wu, Shan & Tong, Mu & Yang, Zhongyi & Derbali, Abdelkader, 2019. "Does gold or Bitcoin hedge economic policy uncertainty?," Finance Research Letters, Elsevier, vol. 31(C), pages 171-178.
    2. Anna Iwona Piotrowska, 2016. "Fields Of Potential Use Of Cryptocurrencies In The Payment Services Market In Poland – Results Of An Empirical Study," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 5(2), pages 201-217.
    3. Poonam Garg & Bhumika Gupta & Kanwal Nayan Kapil & Uthayasankar Sivarajah & Shivam Gupta, 2025. "Examining the relationship between blockchain capabilities and organizational performance in the Indian banking sector," Annals of Operations Research, Springer, vol. 348(3), pages 1513-1546, May.
    4. Harwick, Cameron & Caton, James, 2022. "What’s holding back blockchain finance? On the possibility of decentralized autonomous finance," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 420-429.
    5. Ludovic Desmedt & Odile Lakomski-Laguerre, 2020. "Minting techniques in currencies and cryptocurrencies [Du monnayage au crypto-monnayage]," Post-Print hal-03824689, HAL.
    6. Zein Alamah & Ali Fakih, 2025. "Is the Price of Ether Driven by Demand or Pure Speculation?," Computational Economics, Springer;Society for Computational Economics, vol. 66(1), pages 323-347, July.
    7. Brajaballav Kar & Chandrabhanu Das, 2022. "Cryptocurrency Response to COVID-19: A Test of Efficient Market Hypothesis," Springer Proceedings in Business and Economics, in: Rabi Narayan Subudhi & Sumita Mishra & Abu Saleh & Dariush Khezrimotlagh (ed.), Future of Work and Business in Covid-19 Era, pages 9-18, Springer.
    8. Hussain Shahzad, Syed Jawad & Bouri, Elie & Roubaud, David & Kristoufek, Ladislav, 2020. "Safe haven, hedge and diversification for G7 stock markets: Gold versus bitcoin," Economic Modelling, Elsevier, vol. 87(C), pages 212-224.
    9. Bruno Ferreira Frascaroli, 2020. "Bitcoin's innovative aspects, return volatility and uncertainty shocks," International Journal of Financial Markets and Derivatives, Inderscience Enterprises Ltd, vol. 7(3), pages 224-245.
    10. Osamah Al-Khazali & Elie Bouri & David Roubaud, 2018. "The impact of positive and negative macroeconomic news surprises: Gold versus Bitcoin," Economics Bulletin, AccessEcon, vol. 38(1), pages 373-382.
    11. de la Horra, Luis P. & de la Fuente, Gabriel & Perote, Javier, 2019. "The drivers of Bitcoin demand: A short and long-run analysis," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 21-34.
    12. Omane-Adjepong, Maurice & Alagidede, Paul & Akosah, Nana Kwame, 2019. "Wavelet time-scale persistence analysis of cryptocurrency market returns and volatility," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 514(C), pages 105-120.
    13. Bonaparte, Yosef, 2022. "Time horizon and cryptocurrency ownership: Is crypto not speculative?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 79(C).
    14. Parthajit Kayal & G. Balasubramanian, 2021. "Excess Volatility in Bitcoin: Extreme Value Volatility Estimation," IIM Kozhikode Society & Management Review, , vol. 10(2), pages 222-231, July.
    15. Sangyup Choi & Junhyeok Shin, 2020. "Brave New World? Bitcoin is not the New Gold: Understanding Cryptocurrency Price Dynamics," Working papers 2020rwp-167, Yonsei University, Yonsei Economics Research Institute.
    16. Sangram Keshari Jena & Aviral Kumar Tiwari & Buhari Doğan & Shawkat Hammoudeh, 2022. "Are the top six cryptocurrencies efficient? Evidence from time‐varying long memory," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3730-3740, July.
    17. Wang, Jingjing & Wang, Xiaoyang, 2021. "COVID-19 and financial market efficiency: Evidence from an entropy-based analysis," Finance Research Letters, Elsevier, vol. 42(C).
    18. Elie Bouri & Mahamitra Das & Rangan Gupta & David Roubaud, 2018. "Spillovers between Bitcoin and other assets during bear and bull markets," Applied Economics, Taylor & Francis Journals, vol. 50(55), pages 5935-5949, November.
    19. Chuffart, Thomas, 2022. "Interest in cryptocurrencies predicts conditional correlation dynamics," Finance Research Letters, Elsevier, vol. 46(PA).
    20. Peter N. Ireland, 2025. "The devolution of federal reserve monetary policy strategy, 2012–24," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1247-1264, April.
    21. Zhang, Dingxuan & Sun, Yuying & Duan, Hongbo & Hong, Yongmiao & Wang, Shouyang, 2023. "Speculation or currency? Multi-scale analysis of cryptocurrencies—The case of Bitcoin," International Review of Financial Analysis, Elsevier, vol. 88(C).
    22. Corbet, Shaen & Lucey, Brian & Urquhart, Andrew & Yarovaya, Larisa, 2019. "Cryptocurrencies as a financial asset: A systematic analysis," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 182-199.
    23. Baur, Dirk G. & Dimpfl, Thomas & Kuck, Konstantin, 2018. "Bitcoin, gold and the US dollar – A replication and extension," Finance Research Letters, Elsevier, vol. 25(C), pages 103-110.
    24. Bhambhwani, Siddharth & Delikouras, Stefanos & Korniotis, George, 2019. "Blockchain Characteristics and the Cross-Section of Cryptocurrency Returns," CEPR Discussion Papers 13724, Centre for Economic Policy Research.
    25. Nuray Tosunoğlu & Hilal Abacı & Gizem Ateş & Neslihan Saygılı Akkaya, 2023. "Artificial neural network analysis of the day of the week anomaly in cryptocurrencies," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-24, December.
    26. Poonam Garg & Bhumika Gupta & Kanwal Nayan Kapil & Uthayasankar Sivarajah & Shivam Gupta, 2025. "Examining the relationship between blockchain capabilities and organizational performance in the Indian banking sector," Post-Print hal-04062476, HAL.
    27. Nikolaos A. Kyriazis, 2020. "Is Bitcoin Similar to Gold? An Integrated Overview of Empirical Findings," JRFM, MDPI, vol. 13(5), pages 1-19, May.
    28. Fry, John & Cheah, Eng-Tuck, 2016. "Negative bubbles and shocks in cryptocurrency markets," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 343-352.
    29. Bouri, Elie & Shahzad, Syed Jawad Hussain & Roubaud, David & Kristoufek, Ladislav & Lucey, Brian, 2020. "Bitcoin, gold, and commodities as safe havens for stocks: New insight through wavelet analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 77(C), pages 156-164.
    30. Julaiti, Jiansuer & Li, Yujia & Song, Ke, 2026. "Gold vs. “digital gold”: Bitcoin’s market positioning in the Trump 2.0 era," Finance Research Letters, Elsevier, vol. 88(C).
    31. Maghyereh, Aktham & Abdoh, Hussein, 2020. "Tail dependence between Bitcoin and financial assets: Evidence from a quantile cross-spectral approach," International Review of Financial Analysis, Elsevier, vol. 71(C).
    32. Eduardo Garzón Espinosa & Esteban Cruz Hidalgo & Bibiana Medialdea Garcia & Carlos Sanchez Mato, 2023. "Money or Crypto-Gold? Problematics and Possible Worlds for Cryptocurrencies," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 76(3), pages 429-452.
    33. Tiwari, Aviral Kumar & Jana, R.K. & Das, Debojyoti & Roubaud, David, 2018. "Informational efficiency of Bitcoin—An extension," Economics Letters, Elsevier, vol. 163(C), pages 106-109.
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    40. Al-Yahyaee, Khamis Hamed & Mensi, Walid & Yoon, Seong-Min, 2018. "Efficiency, multifractality, and the long-memory property of the Bitcoin market: A comparative analysis with stock, currency, and gold markets," Finance Research Letters, Elsevier, vol. 27(C), pages 228-234.
    41. Algieri, Bernardina & Lawuobahsumo, Kokulo & Leccadito, Arturo, 2024. "Calendar Effects on Returns, Volatility and Higher Moments: Evidence from Crypto Markets," LIDAM Discussion Papers LFIN 2024001, Université catholique de Louvain, Louvain Finance (LFIN).
    42. Giménez Roche, Gabriel A. & Noël, Antoine & Sauce, Loïc, 2025. "Bitcoin trade volume in decentralized markets: International evidence," Technological Forecasting and Social Change, Elsevier, vol. 214(C).
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    91. Nikolaos A. Kyriazis, 2019. "A Survey on Efficiency and Profitable Trading Opportunities in Cryptocurrency Markets," JRFM, MDPI, vol. 12(2), pages 1-17, April.
    92. Al Mamun, Md & Uddin, Gazi Salah & Suleman, Muhammad Tahir & Kang, Sang Hoon, 2020. "Geopolitical risk, uncertainty and Bitcoin investment," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
    93. Karolina Anna Nowak & Marcin Wiśniewski & Michał Litwiński, 2025. "Is It Worth Investing in Tokens? Investment Performance of Digital Tokens in Financial and Axiological Contexts," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 663-690, March.
    94. Tiran Rothman, 2019. "Trading the Dream: Does Social Media Affect Investors¡¯ Activity - The Story of Twitter, Telegram and Reddit," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(2), pages 147-152, April.
    95. Kristjanpoller, Werner & Bouri, Elie, 2019. "Asymmetric multifractal cross-correlations between the main world currencies and the main cryptocurrencies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 523(C), pages 1057-1071.
    96. Algieri, Bernardina & Lawuobahsumo, Kokulo K. & Leccadito, Arturo & Zahid, Iliess, 2025. "Calendar effects on returns, volatility and higher moments: Evidence from crypto markets," The North American Journal of Economics and Finance, Elsevier, vol. 79(C).
    97. Fatma Abdelkaoui & Ali Sidaoui & Feriel Nasser & Meriem Bouzidi, 2024. "Cryptocurrency and Macroeconomic Dynamics: Case of 10 Asian Economies," South Asian Journal of Macroeconomics and Public Finance, , vol. 13(1), pages 100-126, June.
    98. Alexandra Mitschke, 2021. "Central Bank Digital Currencies and Monetary Policy Effectiveness in the Euro Area," Working Papers Dissertations 74, Paderborn University, Faculty of Business Administration and Economics.
    99. Wang, Xuetong & Fang, Fang & Ma, Shiqun & Xiang, Lijin & Xiao, Zumian, 2024. "Dynamic volatility spillover among cryptocurrencies and energy markets: An empirical analysis based on a multilevel complex network," The North American Journal of Economics and Finance, Elsevier, vol. 69(PA).
    100. Tiwari, Aviral Kumar & Raheem, Ibrahim Dolapo & Kang, Sang Hoon, 2019. "Time-varying dynamic conditional correlation between stock and cryptocurrency markets using the copula-ADCC-EGARCH model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 535(C).
    101. Cheraghali, Hamid & Molnár, Peter & Storsveen, Mattis & Veliqi, Florent, 2024. "The impact of cryptocurrency-related cyberattacks on return, volatility, and trading volume of cryptocurrencies and traditional financial assets," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    102. NENOVSKY, Nikolay & BONDI, Gildas, 2024. "Towards a common currency for AES countries based on resources: theoretical approaches and practical aspects," MPRA Paper 121465, University Library of Munich, Germany.
    103. Urquhart, Andrew, 2016. "The inefficiency of Bitcoin," Economics Letters, Elsevier, vol. 148(C), pages 80-82.
    104. Baur, Dirk G. & Cahill, Daniel & Godfrey, Keith & (Frank) Liu, Zhangxin, 2019. "Bitcoin time-of-day, day-of-week and month-of-year effects in returns and trading volume," Finance Research Letters, Elsevier, vol. 31(C), pages 78-92.
    105. Kwon, Ji Ho, 2020. "Tail behavior of Bitcoin, the dollar, gold and the stock market index," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 67(C).
    106. Md Akther Uddin & Md Hakim Ali & Mansur Masih, 2020. "Bitcoin—A hype or digital gold? Global evidence," Australian Economic Papers, Wiley Blackwell, vol. 59(3), pages 215-231, September.
    107. Levulytė, Laura & Šapkauskienė, Alfreda, 2021. "Cryptocurrency in context of fiat money functions," The Quarterly Review of Economics and Finance, Elsevier, vol. 82(C), pages 44-54.
    108. Qing Shi & Xiaoqi Sun, 2020. "A Scientometric Review of Digital Currency and Electronic Payment Research: A Network Perspective," Complexity, Hindawi, vol. 2020, pages 1-17, November.
    109. Long, Shaobo & Pei, Hongxia & Tian, Hao & Lang, Kun, 2021. "Can both Bitcoin and gold serve as safe-haven assets? — A comparative analysis based on the NARDL model," International Review of Financial Analysis, Elsevier, vol. 78(C).
    110. Hendrickson, Joshua R. & Luther, William J., 2017. "Banning bitcoin," Journal of Economic Behavior & Organization, Elsevier, vol. 141(C), pages 188-195.
    111. Palazzi, Rafael Baptista & Júnior, Gerson de Souza Raimundo & Klotzle, Marcelo Cabus, 2021. "The dynamic relationship between bitcoin and the foreign exchange market: A nonlinear approach to test causality between bitcoin and currencies," Finance Research Letters, Elsevier, vol. 42(C).
    112. Bedi, Prateek & Nashier, Tripti, 2020. "On the investment credentials of Bitcoin: A cross-currency perspective," Research in International Business and Finance, Elsevier, vol. 51(C).
    113. Muhammad Owais Qarni & Saiqb Gulzar, 2021. "Portfolio diversification benefits of alternative currency investment in Bitcoin and foreign exchange markets," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-37, December.
    114. Aslam, Faheem & Memon, Bilal Ahmed & Hunjra, Ahmed Imran & Bouri, Elie, 2023. "The dynamics of market efficiency of major cryptocurrencies," Global Finance Journal, Elsevier, vol. 58(C).
    115. Pawan Kumar Singh & Alok Kumar Pandey & S. C. Bose, 2023. "A new grey system approach to forecast closing price of Bitcoin, Bionic, Cardano, Dogecoin, Ethereum, XRP Cryptocurrencies," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 2429-2446, June.
    116. Andrea Flori, 2019. "Cryptocurrencies In Finance: Review And Applications," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 22(05), pages 1-22, August.
    117. Philipp Bagus & Luis P. de la Horra, 2021. "An ethical defense of cryptocurrencies," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 30(3), pages 423-431, July.
    118. Hsu, Shu-Han & Sheu, Chwen & Yoon, Jiho, 2021. "Risk spillovers between cryptocurrencies and traditional currencies and gold under different global economic conditions," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).
    119. Nikolaos A. Kyriazis, 2021. "The Nexus of Sophisticated Digital Assets with Economic Policy Uncertainty: A Survey of Empirical Findings and an Empirical Investigation," Sustainability, MDPI, vol. 13(10), pages 1-25, May.

  4. Selgin, George & Beckworth, David & Bahadir, Berrak, 2015. "The productivity gap: Monetary policy, the subprime boom, and the post-2001 productivity surge," Journal of Policy Modeling, Elsevier, vol. 37(2), pages 189-207.

    Cited by:

    1. Cendejas Bueno, José Luis & Castañeda, Juan Enrique & Muñoz, Félix, 2015. "Business cycles and monetary regimes in the U.S. (1960 – 2014): A plea for monetary stability," Working Papers in Economic Theory 2015/05, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    2. David Beckworth, 2017. "The monetary policy origins of the eurozone crisis," International Finance, Wiley Blackwell, vol. 20(2), pages 114-134, June.
    3. Taylor, John B., 2017. "Remarks on monetary rules for a post-crisis World," Journal of Macroeconomics, Elsevier, vol. 54(PA), pages 7-11.
    4. John B. Taylor, 2016. "Rethinking the International Monetary System," Cato Journal, Cato Journal, Cato Institute, vol. 36(2), pages 239-250, Spring/Su.
    5. Bryan P. Cutsinger & William J. Luther, 2025. "Symposium introduction: Reviewing the Federal Reserve's framework," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1213-1228, April.
    6. Nicolás Cachanosky, 2021. "Microfoundations and macroeconomics: 20 years," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(2), pages 279-288, June.
    7. Nicolás Cachanosky & Alexander W. Salter, 2017. "The view from Vienna: An analysis of the renewed interest in the Mises-Hayek theory of the business cycle," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(2), pages 169-192, June.
    8. William J. Luther & Mark Cohen, 2016. "On the Empirical Relevance of the Mises–Hayek Theory of the Trade Cycle," Advances in Austrian Economics, in: Studies in Austrian Macroeconomics, volume 20, pages 79-103, Emerald Group Publishing Limited.
    9. van Riet Ad, 2019. "Monetary Policy and Unnatural Low Interest Rates: Secular Stagnation or Financial Repression?," Review of Economics, De Gruyter, vol. 70(2), pages 99-135, August.
    10. Antonio Ribba, 2017. "What Drives US Inflation and Unemployment in the Long Run?," Economics Bulletin, AccessEcon, vol. 37(2), pages 765-777.
    11. Joshua R Hendrickson, 2015. "Should the government increase investment in infrastructure improvements when interest rates decline?," Economics Bulletin, AccessEcon, vol. 35(3), pages 1687-1692.
    12. Hendrickson, Joshua R., 2022. "Commodity money, free banking, and nominal income targeting: Lessons for monetary policy reform," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 462-477.
    13. Beckworth, David & Horan, Patrick J., 2024. "A two-for-one deal: Targeting nominal GDP to create a supply-shock robust inflation target," Journal of Policy Modeling, Elsevier, vol. 46(6), pages 1071-1089.
    14. Nicolás Cachanosky & Alexander W. Salter, 2020. "The super-alertness of central banks," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 187-200, March.
    15. Cachanosky, Nicolás & Lewin, Peter, 2016. "An empirical application of the EVA® framework to business cycles," Review of Financial Economics, Elsevier, vol. 30(C), pages 60-67.
    16. Beckworth, David & Hendrickson, Joshua, 2016. "Nominal GDP Targeting and the Taylor Rule on an Even Playing Field," Working Papers 00242, George Mason University, Mercatus Center.
    17. Chao Liang & Yanran Hong & Luu Duc Toan Huynh & Feng Ma, 2023. "Asymmetric dynamic risk transmission between financial stress and monetary policy uncertainty: thinking in the post-covid-19 world," Review of Quantitative Finance and Accounting, Springer, vol. 60(4), pages 1543-1567, May.
    18. George Selgin, 2014. "Operation Twist-the-Truth: How the Federal Reserve Misrepresents Its History and Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 229-263, Spring/Su.

  5. George Selgin, 2015. "Fatalistically Flawed: A Review Essay on Fragile by Design, by Charles W. Calomiris and Stephen H. Haber," International Finance, Wiley Blackwell, vol. 18(1), pages 109-128, March.

    Cited by:

    1. Pablo Paniagua Prieto, 2022. "The institutional evolution of central banks," Journal of Evolutionary Economics, Springer, vol. 32(3), pages 1049-1070, July.

  6. George Selgin, 2015. "Law, Legislation, and the Gold Standard," Cato Journal, Cato Journal, Cato Institute, vol. 35(2), pages 251-272, Spring/Su.

    Cited by:

    1. Cutsinger, Bryan P., 2020. "On the feasibility of returning to the gold standard," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 88-97.

  7. George Selgin, 2014. "Operation Twist-the-Truth: How the Federal Reserve Misrepresents Its History and Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 229-263, Spring/Su.

    Cited by:

    1. Andreas Hoffmann & Gunther Schnabl, 2016. "Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution," CESifo Working Paper Series 5754, CESifo.
    2. Jordan, Jerry L. & Luther, William J., 2022. "Central bank independence and the Federal Reserve's new operating regime," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 510-515.

  8. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.

    Cited by:

    1. Andreas Hoffmann & Gunther Schnabl, 2016. "Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution," CESifo Working Paper Series 5754, CESifo.
    2. Bordo, Michael D., 2012. "Could the United States have had a better central bank? An historical counterfactual speculation," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 597-607.
    3. Hogan, Thomas L. & White, Lawrence H., 2021. "Hayek, Cassel, and the origins of the great depression," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 241-251.
    4. Gurbachan Singh, 2018. "A Macroeconomic Model with Price Flexibility," South Asian Journal of Macroeconomics and Public Finance, , vol. 7(1), pages 37-59, June.
    5. Salter, Alexander William & Young, Andrew T., 2018. "Would a free banking system stabilize NGDP growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 21-25.
    6. Hogan, Thomas L., 2015. "Has the Fed improved U.S. economic performance?," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 257-266.
    7. Thomas L. Hogan, 2021. "A Review of the Regulatory Impact Analysis of Risk-Based Capital and Related Liquidity Rules," JRFM, MDPI, vol. 14(1), pages 1-29, January.
    8. Salter, Alexander W. & Smith, Daniel J., 2019. "Political economists or political economists? The role of political environments in the formation of fed policy under burns, Greenspan, and Bernanke," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 1-13.
    9. Mulaahmetovic, Inda, 2022. "Evaluating the Effectiveness of Quantitative Easing Measures of the Federal Reserve and the European Central Bank," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 12(3), pages 141-163.
    10. Pender, Casey, 2024. "Is deflation cause for panic? Evidence from the National Banking era," Journal of Macroeconomics, Elsevier, vol. 82(C).
    11. Jeffrey Miron, 2013. "Should Policy Attempt to Avoid Financial Crises?," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 391-399, Fall.
    12. Van Den Hauwe, Ludwig, 2017. "Monetary Constitutionalism: Some Recent Developments," MPRA Paper 83052, University Library of Munich, Germany.
    13. Peter N. Ireland, 2025. "The devolution of federal reserve monetary policy strategy, 2012–24," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1247-1264, April.
    14. Charles, Amélie & Darné, Olivier & Diebolt, Claude & Ferrara, Laurent, 2015. "A new monthly chronology of the US industrial cycles in the prewar economy," Journal of Financial Stability, Elsevier, vol. 17(C), pages 3-9.
    15. Alexander W. Salter & Daniel J. Smith, 2017. "What You Don'T Know Can Hurt You: Knowledge Problems In Monetary Policy," Contemporary Economic Policy, Western Economic Association International, vol. 35(3), pages 505-517, July.
    16. Alexander William Salter & Andrew T. Young, 2015. "Would a Free Banking System Target NGDP Growth?," Working Papers 15-08, Department of Economics, West Virginia University.
    17. Thomas L. Hogan, Daniel J. Smith, Robin Aguiar-Hicks, 2018. "Central Banking without Romance," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 15(2), pages 293-314, December.
    18. Karl‐Friedrich Israel, 2021. "The fiat money illusion: On the cost‐efficiency of modern central banking," The World Economy, Wiley Blackwell, vol. 44(6), pages 1701-1719, June.
    19. Cutsinger, Bryan P., 2020. "On the feasibility of returning to the gold standard," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 88-97.
    20. Rania Adel Al-Bawwab, 2022. "The zecca mint: a self-enforcing monetary constitution in historic venice," Economics of Governance, Springer, vol. 23(1), pages 1-15, March.
    21. Gunther Schnabl, 2012. "Monetary Policy Reform in a World of Central Banks," Global Financial Markets Working Paper Series 26-2012, Friedrich-Schiller-University Jena.
    22. Schnabl, Gunther, 2013. "The global move into the zero interest rate and high debt trap," Working Papers 121, University of Leipzig, Faculty of Economics and Management Science.
    23. Cachanosky, Nicolás & Salter, Alexander W. & Savanti, Ignacio, 2022. "Can dollarization constrain a populist leader? The case of Rafael Correa in Ecuador," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 430-442.
    24. Don Bredin & Stilianos Fountas, 2018. "US Inflation and Inflation Uncertainty Over 200 Years," Discussion Paper Series 2018_04, Department of Economics, University of Macedonia, revised Apr 2018.
    25. Fillieule Renaud, 2016. "The U.S. Monetary Policies Against the Great Recession of 2008: A Critique from the Deflationist Viewpoint of the Austrian School," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 22(1), pages 99-111, July.
    26. Marthinsen, John E. & Gordon, Steven R., 2022. "Hyperinflation, Optimal Currency Scopes, and a Cryptocurrency Alternative to Dollarization," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 161-173.
    27. Hendrickson, Joshua R. & Luther, William J., 2022. "Cash, crime, and cryptocurrencies," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 200-207.
    28. Allan H. Meltzer, 2013. "What's Wrong with the Fed? What Would Restore Independence?," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 401-416, Fall.
    29. Peter J. Boettke & Alexander W. Salter & Daniel J. Smith, 2018. "Money as meta-rule: Buchanan’s constitutional economics as a foundation for monetary stability," Public Choice, Springer, vol. 176(3), pages 529-555, September.
    30. Pablo Paniagua, 2023. "Money and the rule of Law," Constitutional Political Economy, Springer, vol. 34(2), pages 260-266, June.
    31. Glenn L. Furton & Alexander William Salter, 2017. "Money and the rule of law," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(4), pages 517-532, December.
    32. Salter, Alexander William & Tarko, Vlad, 2017. "Polycentric banking and macroeconomic stability," Business and Politics, Cambridge University Press, vol. 19(2), pages 365-395, June.
    33. William J. Luther, 2021. "Two paths forward for Austrian macroeconomics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(2), pages 289-297, June.
    34. Dumitriu, Ramona & Stefanescu, Răzvan, 2020. "Provocări pentru Finanţele Comportamentale în contextul COVID-19 [Some challenges for the Behavioral Finance in the Context of COVID-19]," MPRA Paper 99675, University Library of Munich, Germany, revised 16 Apr 2020.
    35. Nicolás Cachanosky & Alexander W. Salter, 2020. "The super-alertness of central banks," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 187-200, March.
    36. Alexander W. Salter & William J. Luther, 2019. "Adaptation and central banking," Public Choice, Springer, vol. 180(3), pages 243-256, September.
    37. George Bragues, 2016. "The Political Regime Factor in Austrian Business Cycle Theory: Historically Accounting for the US and Canadian Experiences of the 2007–2009 Financial Crisis," Advances in Austrian Economics, in: Studies in Austrian Macroeconomics, volume 20, pages 137-161, Emerald Group Publishing Limited.
    38. Boettke, Peter & Smith, Daniel, 2011. "Robust political economy and the Federal Reserve," MPRA Paper 32092, University Library of Munich, Germany.
    39. von Prollius Michael & Schnabl Gunther, 2016. "Geldpolitik, Arabellion und Flüchtlingskrise: Die sehr lockere Geldpolitik der großen Industrieländer kommt in Form der Flüchtlingskrise auf Europa zurück," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 65(3), pages 299-320, December.
    40. Gerald P. O'Driscoll Jr., 2015. "A Private Committee for Monetary Reform: Process and Substance," Cato Journal, Cato Journal, Cato Institute, vol. 35(2), pages 331-345, Spring/Su.
    41. Peter J. Boettke & Liya Palagashvili, 2015. "Taming Leviathan," Supreme Court Economic Review, University of Chicago Press, vol. 23(1), pages 279-303.
    42. Peter J. Boettke & Daniel J. Smith, 2016. "Evolving views on monetary policy in the thought of Hayek, Friedman, and Buchanan," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(4), pages 351-370, December.
    43. Hetzel, Robert L., 2012. "Central bank accountability and independence: Are they inconsistent?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 616-625.
    44. Thomas L. Hogan & Daniel J. Smith, 2022. "War, money & economy: Inflation and production in the Fed and pre-Fed periods," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 15-37, March.
    45. Roberto Cazzolla Gatti & Roger Koppl & Brian D. Fath & Stuart Kauffman & Wim Hordijk & Robert E. Ulanowicz, 2020. "On the emergence of ecological and economic niches," Journal of Bioeconomics, Springer, vol. 22(2), pages 99-127, July.
    46. Raymond C. Niles, 2026. "What will be the money of the future? A review essay of Lawrence H. White’s Better Money: Gold, Fiat, or Bitcoin?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 39(1), pages 107-115, March.
    47. George Selgin, 2014. "Operation Twist-the-Truth: How the Federal Reserve Misrepresents Its History and Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 229-263, Spring/Su.
    48. Salter, Alexander & Tarko, Vlad, 2017. "Governing the Financial System: A Theory of Financial Resilience," Working Papers 06954, George Mason University, Mercatus Center.

  9. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.

    Cited by:

    1. Anthony Evans, 2014. "In Defence of ‘Demand’ Deposits: Contractual Solutions to the Barnett and Block, and Bagus and Howden Debate," Journal of Business Ethics, Springer, vol. 124(2), pages 351-364, October.
    2. William Luther & Alexander Salter, 2012. "Monetary equilibrium and price stickiness reconsidered: A reply to Bagus and Howden," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(3), pages 263-269, September.

  10. George Selgin, 2012. "L Street: Bagehotian Prescriptions for a 21st Century Money Market," Cato Journal, Cato Journal, Cato Institute, vol. 32(2), pages 303-332, Spring/Su.

    Cited by:

    1. Paul Tucker, 2014. "The lender of last resort and modern central banking: principles and reconstruction," BIS Papers chapters, in: Bank for International Settlements (ed.), Re-thinking the lender of last resort, volume 79, pages 10-42, Bank for International Settlements.
    2. Lawrence H. White, 2016. "Needed: A Federal Reserve Exit from Preferential Credit Allocation," Cato Journal, Cato Journal, Cato Institute, vol. 36(2), pages 353-365, Spring/Su.
    3. Enrique Jorge‐Sotelo, 2026. "Goodbye connections, hello Bagehot: democratization, lender of last resort independence and bank failures in Spain in 1931," Economic History Review, Economic History Society, vol. 79(1), pages 89-132, February.
    4. Alexander Salter, 2014. "Is there a self-enforcing monetary constitution?," Constitutional Political Economy, Springer, vol. 25(3), pages 280-300, September.
    5. Salter, Alexander William & Tarko, Vlad, 2017. "Polycentric banking and macroeconomic stability," Business and Politics, Cambridge University Press, vol. 19(2), pages 365-395, June.
    6. Alexander W. Salter & William J. Luther, 2019. "Adaptation and central banking," Public Choice, Springer, vol. 180(3), pages 243-256, September.
    7. Skylar Brooks, 2024. "Central Bank Liquidity Policy in Modern Times," Discussion Papers 2024-06, Bank of Canada.
    8. Christian Pfister & Natacha Valla, 2018. "New Normal or New Orthodoxy ? Elements of a Central Banking Framework for the After-Crisis," Working papers 680, Banque de France.

  11. George Selgin & John L. Turner, 2011. "Strong Steam, Weak Patents, or the Myth of Watt's Innovation-Blocking Monopoly, Exploded," Journal of Law and Economics, University of Chicago Press, vol. 54(4), pages 841-861.

    Cited by:

    1. Markus Nagler & Monika Schnitzer & Martin Watzinger, 2022. "Fostering the Diffusion of General Purpose Technologies: Evidence from the Licensing of the Transistor Patents," Journal of Industrial Economics, Wiley Blackwell, vol. 70(4), pages 838-866, December.
    2. Patricio Sáiz & Rubén Amengual, 2018. "Do patents enable disclosure? Strategic innovation management of the four-stroke engine," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(6), pages 975-997.

  12. George A. Selgin, 2010. "The Futility of Central Banking," Cato Journal, Cato Journal, Cato Institute, vol. 30(3), pages 465-473, Fall.

    Cited by:

    1. Bennett T. McCallum, 2014. "Monetary Policy in a Very Open Economy: Some Major Analytical Issues," Pacific Economic Review, Wiley Blackwell, vol. 19(1), pages 27-60, February.
    2. Alexander Salter, 2014. "Is there a self-enforcing monetary constitution?," Constitutional Political Economy, Springer, vol. 25(3), pages 280-300, September.
    3. Selgin, George, 2015. "Synthetic commodity money," Journal of Financial Stability, Elsevier, vol. 17(C), pages 92-99.
    4. Harold James, 2017. "The contribution of monetary institutions to stability," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 68(01), pages 1-18, December.
    5. Jordan, Jerry L. & Luther, William J., 2022. "Central bank independence and the Federal Reserve's new operating regime," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 510-515.

  13. Selgin George & Turner John L., 2009. "Watt, Again? Boldrin and Levine Still Exaggerate the Adverse Effect of Patents on the Progress of Steam Power," Review of Law & Economics, De Gruyter, vol. 5(3), pages 1101-1113, December.

    Cited by:

    1. McManis Charles, 2009. "A Rhetorical Response to Boldrin & Levine: Against Intellectual (Property) Extremism," Review of Law & Economics, De Gruyter, vol. 5(3), pages 1081-1100, December.

  14. George Selgin, 2008. "Milton Friedman and the Case against Currency Monopoly," Cato Journal, Cato Journal, Cato Institute, vol. 28(2), pages 287-301, Winter.

    Cited by:

    1. George C. Bitros, 2015. "Thinking Ahead of the Next Big Crash," Cato Journal, Cato Journal, Cato Institute, vol. 35(1), pages 67-93, Winter.
    2. Parag Waknis, 2011. "Monetary Policy under Leviathan Currency Competition," Working papers 2011-21, University of Connecticut, Department of Economics.
    3. Barry Eichengreen, 2019. "From Commodity to Fiat and Now to Crypto: What Does History Tell Us?," NBER Working Papers 25426, National Bureau of Economic Research, Inc.
    4. Peter J. Boettke & Daniel J. Smith, 2016. "Evolving views on monetary policy in the thought of Hayek, Friedman, and Buchanan," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(4), pages 351-370, December.
    5. Selgin, George, 2015. "Synthetic commodity money," Journal of Financial Stability, Elsevier, vol. 17(C), pages 92-99.
    6. Waknis, Parag, 2017. "Competitive Supply of Money in a New Monetarist Model," MPRA Paper 75401, University Library of Munich, Germany.
    7. George Selgin, 2015. "Law, Legislation, and the Gold Standard," Cato Journal, Cato Journal, Cato Institute, vol. 35(2), pages 251-272, Spring/Su.

  15. George Selgin & David VanHoose, 2007. "The Euro and world inflation," Oxford Economic Papers, Oxford University Press, vol. 59(2), pages 171-193, April.

    Cited by:

  16. George Selgin & John Turner, 2006. "James Watt As Intellectual Monopolist: Comment On Boldrin And Levine," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(4), pages 1341-1348, November.

    Cited by:

    1. Boldrin Michele & Levine David K., 2009. "Does Intellectual Monopoly Help Innovation?," Review of Law & Economics, De Gruyter, vol. 5(3), pages 991-1024, December.
    2. Evrin, Alperen, 2013. "International Specialization in Research & Development," MPRA Paper 62392, University Library of Munich, Germany.
    3. George Selgin & John L. Turner, 2011. "Strong Steam, Weak Patents, or the Myth of Watt's Innovation-Blocking Monopoly, Exploded," Journal of Law and Economics, University of Chicago Press, vol. 54(4), pages 841-861.
    4. Selgin George & Turner John L., 2009. "Watt, Again? Boldrin and Levine Still Exaggerate the Adverse Effect of Patents on the Progress of Steam Power," Review of Law & Economics, De Gruyter, vol. 5(3), pages 1101-1113, December.

  17. George Selgin, 2005. "Currency Privatization as a Substitute for Currency Boards and Dollarization," Cato Journal, Cato Journal, Cato Institute, vol. 25(1), pages 141-151, Winter.

    Cited by:

    1. Mike Nyamazana Sikwila, 2013. "Dollarization and the Zimbabwe’s Economy," Journal of Economics and Behavioral Studies, AMH International, vol. 5(6), pages 398-405.
    2. Tas, Bedri Kamil Onur & Togay, Selahattin, 2010. "Optimal monetary policy regime for oil producing developing economies: Implications for post-war Iraq," Economic Modelling, Elsevier, vol. 27(5), pages 1324-1336, September.

  18. George Selgin & Lawrence White, 2005. "Credible Currency: A Constitutional Perspective," Constitutional Political Economy, Springer, vol. 16(1), pages 71-83, January.

    Cited by:

    1. Maurizio Mistri, 2007. "Institutional changes and shifting ideas: a constitutional analysis of the Euro," Constitutional Political Economy, Springer, vol. 18(2), pages 107-126, June.
    2. Cutsinger, Bryan P., 2020. "On the feasibility of returning to the gold standard," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 88-97.
    3. Gunther Schnabl, 2012. "Monetary Policy Reform in a World of Central Banks," Global Financial Markets Working Paper Series 26-2012, Friedrich-Schiller-University Jena.
    4. Schnabl, Gunther, 2013. "The global move into the zero interest rate and high debt trap," Working Papers 121, University of Leipzig, Faculty of Economics and Management Science.
    5. Paniagua Pablo, 2016. "The Stability Properties of Monetary Constitutions," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 22(2), pages 113-138, December.
    6. Leigh A. Gardner, 2014. "The rise and fall of sterling in Liberia, 1847–1943," Economic History Review, Economic History Society, vol. 67(4), pages 1089-1112, November.
    7. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    8. George Selgin, 2015. "Law, Legislation, and the Gold Standard," Cato Journal, Cato Journal, Cato Institute, vol. 35(2), pages 251-272, Spring/Su.

  19. Selgin, George, 2004. "Wholesale payments: questioning the market-failure hypothesis," International Review of Law and Economics, Elsevier, vol. 24(3), pages 333-350, September.

    Cited by:

    1. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    2. Morten L. Bech & Christine Preisig & Kimmo Soramaki, 2008. "Global trends in large-value payments," Economic Policy Review, Federal Reserve Bank of New York, vol. 14(Sep), pages 59-81.
    3. Ana Lasaosa & Merxe Tudela, 2008. "Risks and efficiency gains of a tiered structure in large-value payments: a simulation approach," Bank of England Staff Working Paper series 337, Bank of England.
    4. Morten L. Bech & Bart Hobijn, 2006. "Technology diffusion within central banking: the case of real-time gross settlement," Staff Reports 260, Federal Reserve Bank of New York.

  20. George Selgin, 2003. "Adaptive Learning and the Transition to Fiat Money," Economic Journal, Royal Economic Society, vol. 113(484), pages 147-165, January.

    Cited by:

    1. Guang-Zhen Sun, 2005. "A Review Of Selected Literature In The Economics Of Division Of Labor From 5th Century To Wwii: Part I," Monash Economics Working Papers 01/05, Monash University, Department of Economics.
    2. Mileva, Elitza & Siegfried, Nikolaus, 2012. "Oil market structure, network effects and the choice of currency for oil invoicing," Energy Policy, Elsevier, vol. 44(C), pages 385-394.
    3. William Luther, 2014. "Evenly rotating economy: A new modeling technique for an old equilibrium construct," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(4), pages 403-417, December.
    4. Samuel E. Vazquez, 2009. "Scale Invariance, Bounded Rationality and Non-Equilibrium Economics," Papers 0902.3840, arXiv.org.
    5. Buiter, Willem H., 2003. "James Tobin : an appreciation of his contribution to economics," LSE Research Online Documents on Economics 847, London School of Economics and Political Science, LSE Library.
    6. Mikael Stenkula, 2003. "Carl Menger and the network theory of money," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(4), pages 587-606.
    7. Zeira, Joseph & Levintal, Oren, 2009. "The Evolution of Paper Money," CEPR Discussion Papers 7362, Centre for Economic Policy Research.
    8. Dror Goldberg, 2012. "The tax-foundation theory of fiat money," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(2), pages 489-497, June.
    9. Diarmid Weir, 2013. "Fiat Money, Individual Rationality and Production," Metroeconomica, Wiley Blackwell, vol. 64(4), pages 573-590, November.
    10. Goodhart, Charles A. E., 1998. "The two concepts of money: implications for the analysis of optimal currency areas," European Journal of Political Economy, Elsevier, vol. 14(3), pages 407-432, August.
    11. Walter blocher & Andreas Hanl & Jochen Michaelis, 2017. "Revolutionieren Kryptowährungen die Zahlungssysteme?," MAGKS Papers on Economics 201748, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Selgin, George, 2015. "Synthetic commodity money," Journal of Financial Stability, Elsevier, vol. 17(C), pages 92-99.
    13. Ahmed Mehedi Nizam, 2023. "An analysis of transnational transfer of wealth through cross-border financial transactions," SN Business & Economics, Springer, vol. 3(1), pages 1-31, January.
    14. Eduardo Ferraciolli & Tanya Araújo, 2023. "Agent-based Modeling and the Sociology of Money: a Framework for the Study of Coordination and Plurality," Working Papers REM 2023/0285, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    15. Eduardo C. Ferraciolli & Tanya Araújo, 2026. "Agent-based modeling and the sociology of money: some suggestions for refining monetary theory using social simulation," Review of Evolutionary Political Economy, Springer, vol. 7(1), pages 1-29, December.
    16. Hendrickson, Joshua R. & Luther, William J., 2017. "Banning bitcoin," Journal of Economic Behavior & Organization, Elsevier, vol. 141(C), pages 188-195.
    17. Nizam, Ahmed Mehedi, 2021. "Redistribution of wealth through cross border financial transactions: A closer look," MPRA Paper 109374, University Library of Munich, Germany.
    18. Zvonka, Georgii, 2026. "Tokenization: a potential pathway for Bitcoin’s future," Journal of International Money and Finance, Elsevier, vol. 161(C).

  21. George Selgin, 2003. "Steam, hot air, and small change: Matthew Boulton and the reform of Britain's coinage," Economic History Review, Economic History Society, vol. 56(3), pages 478-509, August.

    Cited by:

    1. Tschoegl, Adrian E., 2010. "The international diffusion of an innovation: The spread of decimal currency," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(1), pages 100-109, January.

  22. Selgin, George, 2001. "In-Concert Overexpansion and the Precautionary Demand for Bank Reserves," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 294-300, May.

    Cited by:

    1. Ogren, Anders, 2006. "Free or central banking? Liquidity and financial deepening in Sweden, 1834-1913," Explorations in Economic History, Elsevier, vol. 43(1), pages 64-93, January.
    2. Antoine Gentier & Giuseppina Gianfreda & Nathalie Janson, 2006. "The Question of the Rent Dissipation in the Notes Issuance Activity: The Case of the Italian Banking System before the Creation of the Bank of Italy," CAE Working Papers 45, Aix-Marseille Université, CERGAM.
    3. Salter, Alexander William & Young, Andrew T., 2018. "Would a free banking system stabilize NGDP growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 21-25.
    4. Hugh Rockoff, 2009. "Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772," NBER Working Papers 15594, National Bureau of Economic Research, Inc.
    5. Antoine Gentier & Giuseppina Gianfreda & Nathalie Janson, 2011. "Rent Dissipation or Government Predation? The Notes Issuance Activity in Italy 1865-1882," CAE Working Papers 88, Aix-Marseille Université, CERGAM.
    6. Hendrickson, Joshua R. & Salter, Alexander W., 2018. "Going beyond monetary constitutions: The congruence of money and finance," The Quarterly Review of Economics and Finance, Elsevier, vol. 69(C), pages 22-28.
    7. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    8. Salter, Alexander William & Young, Andrew T., 2018. "A theory of self-enforcing monetary constitutions with reference to the Suffolk System, 1825–1858," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 13-22.
    9. Alexander William Salter & Andrew T. Young, 2015. "Would a Free Banking System Target NGDP Growth?," Working Papers 15-08, Department of Economics, West Virginia University.
    10. Tatiana Damjanovic & Vladislav Damjanovic & Charles Nolan, 2017. "Liquidity Risk, Credit Risk and the Money Multiplier," Working Papers 2017_09, Business School - Economics, University of Glasgow.
    11. Hortlund, Per, 2005. "Clearing vs. Leakage: Does Note monopoly Increase Money and Credit Cycles?," SSE/EFI Working Paper Series in Economics and Finance 600, Stockholm School of Economics.
    12. Young, Andrew T. & Dove, John A., 2013. "Policing the chain gang: Panel cointegration analysis of the stability of the Suffolk System, 1825–1858," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 182-196.
    13. Tatiana Damjanovic & Vladislav Damjanovic & Charles Nolan, 2016. "Risk Management and the Money Multiplier," CEMAP Working Papers 2016_03, Durham University Business School.
    14. Hortlund, Per, 2005. "Clearing vs. Leakage: Does Note Monopoly Increase Money and Credit Cycles?," Ratio Working Papers 67, The Ratio Institute.
    15. Hugh Rockoff, 2010. "Parallel Journeys: Adam Smith and Milton Friedman on the Regulation of Banking," Departmental Working Papers 201004, Rutgers University, Department of Economics.
    16. Bagus, Philipp & Howden, David, 2010. "Fractional Reserve Banking: Some Quibbles," MPRA Paper 79590, University Library of Munich, Germany.

  23. Leland B. Yeager, 2000. "Exchange Rates between What Sorts of Currencies?," Cato Journal, Cato Journal, Cato Institute, vol. 20(1), Spring/Su.

    Cited by:

    1. Ilan Noy, 2004. "Do IMF Bailouts Result in Moral Hazard? An Events-Study Approach," Working Papers 200402, University of Hawaii at Manoa, Department of Economics.
    2. Przemek Kowalski & Wojciech Paczynski & Lukasz Rawdanowicz, 2003. "Exchange rate regimes and the real sector: a sectoral analysis of CEE Countries," Post-Communist Economies, Taylor & Francis Journals, vol. 15(4), pages 533-555.
    3. Anwar, Mumtaz, 2006. "The Political Economy Of International Financial Institutions’ Lending To Pakistan," MPRA Paper 5601, University Library of Munich, Germany, revised 01 Dec 2006.
    4. Vivek H. Dehejia & Nadja Kamhi, 2005. "An Assessment of the Currency Board Regime in Bosnia and Herzegovina," Carleton Economic Papers 05-01, Carleton University, Department of Economics, revised Dec 2006.
    5. Hefeker, Carsten, 2003. "Handels- und Finanzarchitektur im Umbruch: Globale Integration und die institutionelle Arbeitsteilung von IWF, Weltbank und WTO," HWWA Discussion Papers 225, Hamburg Institute of International Economics (HWWA).
    6. Philipp Paulus, 2004. "The fiscal stability impact of monetary unions - looking beneath the Stability Pact debate," Otto-Wolff-Institut Discussion Paper Series 05/2004, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland.

  24. Selgin, George, 2000. "The Suppression of State Banknotes: A Reconsideration," Economic Inquiry, Western Economic Association International, vol. 38(4), pages 600-615, October.

    Cited by:

    1. Jaremski, Matthew, 2017. "Privately Issued Money in the US," Working Papers 2017-05, Department of Economics, Colgate University, revised 20 Sep 2017.
    2. Pender, Casey, 2024. "Is deflation cause for panic? Evidence from the National Banking era," Journal of Macroeconomics, Elsevier, vol. 82(C).
    3. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    4. Matthew Jaremski, 2013. "State Banks and the National Banking Acts: Measuring the Response to Increased Financial Regulation, 1860–1870," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(2‐3), pages 379-399, March.

  25. Jason Taylor & George Selgin, 1999. "By our bootstraps: Origins and effects of the high-wage doctrine and the minimum wage," Journal of Labor Research, Springer, vol. 20(4), pages 447-462, December.

    Cited by:

    1. Obeng, Samuel Kwabena, 2015. "An empirical analysis of the relationship between minimum wage, investment and economic growth in Ghana," MPRA Paper 65674, University Library of Munich, Germany.
    2. Todd C. Neumann & Price V. Fishback & Shawn Kantor, 2007. "The Dynamics of Relief Spending and the Private Urban Labor Market During the New Deal," NBER Working Papers 13692, National Bureau of Economic Research, Inc.
    3. Gautié, Jérôme, 2015. "D'un siècle à l'autre, salaire minimum, science économique et débat public aux États-Unis, en France et au Royaume-Uni (1890-2015)," CEPREMAP Working Papers (Docweb) 1518, CEPREMAP.
    4. Taylor, Jason E. & Neumann, Todd C., 2013. "The effect of institutional regime change within the new deal on industrial output and labor markets," Explorations in Economic History, Elsevier, vol. 50(4), pages 582-598.
    5. Knabe, Andreas & Schöb, Ronnie & Thum, Marcel, 2014. "Der flächendeckende Mindestlohn," Discussion Papers 2014/4, Free University Berlin, School of Business & Economics.
    6. Jason E. Taylor, 2007. "Cartel Code Attributes and Cartel Performance: An Industry-Level Analysis of the National Industrial Recovery Act," Journal of Law and Economics, University of Chicago Press, vol. 50(3), pages 597-624.
    7. Obeng, Samuel Kwabena, . "An Empirical Analysis of the Relationship between Minimum Wage, Investment and Economic Growth in Ghana," African Journal of Economic Review, African Journal of Economic Review, vol. 3(2).
    8. Magruder, Jeremy R., 2013. "Can minimum wages cause a big push? Evidence from Indonesia," Journal of Development Economics, Elsevier, vol. 100(1), pages 48-62.

  26. Selgin, George & White, Lawrence H, 1999. "A Fiscal Theory of Government's Role in Money," Economic Inquiry, Western Economic Association International, vol. 37(1), pages 154-165, January.

    Cited by:

    1. Karaman, Kivanc & Pamuk, Sevket & Yıldırım-Karaman, Seçil, 2018. "Money and Monetary Stability in Europe, 1300-1914," CEPR Discussion Papers 12583, Centre for Economic Policy Research.
    2. Miller, Stephen Matteo, 2016. "When and why hyperinflating monetary authorities abandon a currency," Economics Letters, Elsevier, vol. 141(C), pages 11-14.
    3. Louis Rouanet, 2021. "The interest group origins of the Bank of France," Public Choice, Springer, vol. 186(1), pages 119-140, January.
    4. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    5. Alexander Fink, 2014. "Free banking as an evolving system: The case of Switzerland reconsidered," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 57-69, March.
    6. Jackson Mejia & Brian C. Albrecht, 2022. "On price stability with a job guarantee," Contemporary Economic Policy, Western Economic Association International, vol. 40(4), pages 568-584, October.
    7. Pablo Paniagua, 2017. "The institutional rationale of central banking reconsidered," Constitutional Political Economy, Springer, vol. 28(3), pages 231-256, September.
    8. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    9. Lawrence H. White, 2022. "The private mint in economics: evidence from the American gold rushes," Economic History Review, Economic History Society, vol. 75(1), pages 3-21, February.
    10. van Riet Ad, 2019. "Monetary Policy and Unnatural Low Interest Rates: Secular Stagnation or Financial Repression?," Review of Economics, De Gruyter, vol. 70(2), pages 99-135, August.
    11. George Selgin, 2003. "Adaptive Learning and the Transition to Fiat Money," Economic Journal, Royal Economic Society, vol. 113(484), pages 147-165, January.

  27. George Selgin, 1999. "Hayek versus Keynes on How the Price Level Ought to Behave," History of Political Economy, Duke University Press, vol. 31(4), pages 699-721, Winter.

    Cited by:

    1. Hogan, Thomas L. & White, Lawrence H., 2021. "Hayek, Cassel, and the origins of the great depression," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 241-251.
    2. Samy Metrah, 2014. "A Discussion of the Main Tenets of Austrian Business Cycle Theory," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2014(3), pages 95-114.
    3. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    4. Tavlas, George S. & Assistant, JHET, 2020. "“The Initiated”: Aaron Director and the Chicago Monetary Tradition," OSF Preprints xw67b, Center for Open Science.
    5. Patrick Newman, 2016. "Expansionary Monetary Policy at the Federal Reserve in the 1920s," Advances in Austrian Economics, in: Studies in Austrian Macroeconomics, volume 20, pages 105-134, Emerald Group Publishing Limited.
    6. Lawrence H. White, 2008. "Did Hayek and Robbins Deepen the Great Depression?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 751-768, June.
    7. Patrick Newman, 2016. "The depression of 1920–1921: a credit induced boom and a market based recovery?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(4), pages 387-414, December.
    8. Tomáš Frömmel & Pavel Potužák, 2020. "Mohou být strnulosti nominálních mezd problémem v situaci deflace způsobené hospodářským růstem? [Is Nominal Wage Rigidity a Problem in the Case of Deflation Driven by Economic Growth?]," Politická ekonomie, Prague University of Economics and Business, vol. 2020(3), pages 267-289.
    9. James Caton, 2020. "The evolution of Hayek's thought on gold and monetary standards," Southern Economic Journal, John Wiley & Sons, vol. 87(1), pages 386-405, July.
    10. Siven, Claes-Henric, 2000. "Analytical Foundations of Erik Lindahl's Monetary Analysis, 1924-30," Research Papers in Economics 2000:14, Stockholm University, Department of Economics.

  28. Lastrapes, William D. & Selgin, Grorge, 1997. "The Check Tax: Fiscal Folly and the Great Monetary Contraction," The Journal of Economic History, Cambridge University Press, vol. 57(4), pages 859-878, December.

    Cited by:

    1. Felipe Restrepo & Lina Cardona Sosa & Philip E. Strahan, 2017. "Funding Liquidity without Banks: Evidence from a Shock to the Cost of Very Short-Term Debt," NBER Working Papers 23179, National Bureau of Economic Research, Inc.
    2. Pedro Albuquerque, 2006. "BAD taxation: Disintermediation and illiquidity in a bank account debits tax model," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 13(5), pages 601-624, September.
    3. Restrepo, Felipe, 2019. "The effects of taxing bank transactions on bank credit and industrial growth: Evidence from Latin America," Journal of International Money and Finance, Elsevier, vol. 93(C), pages 335-355.
    4. García-Palacios, Jaime H. & Hasman, Augusto & Samartín, Margarita, 2014. "Banking crises and government intervention," Journal of Financial Stability, Elsevier, vol. 15(C), pages 32-42.

  29. Selgin, George & White, Lawrence H, 1997. "The Option Clause in Scottish Banking: A Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(2), pages 270-273, May.

    Cited by:

    1. Malcolm Anderson, 1998. "Accounting History Publications 1997," Accounting History Review, Taylor & Francis Journals, vol. 8(3), pages 371-382.
    2. Hugh Rockoff, 2009. "Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772," NBER Working Papers 15594, National Bureau of Economic Research, Inc.
    3. Bagus, Philipp & Howden, David, 2016. "The Economic and Legal Significance of “Full” Deposit Availability," MPRA Paper 79804, University Library of Munich, Germany.
    4. Mathieu Bédard, 2016. "In Which Context is the Option Clause Desirable?," Journal of Business Ethics, Springer, vol. 139(2), pages 287-297, December.
    5. Hugh Rockoff, 2010. "Parallel Journeys: Adam Smith and Milton Friedman on the Regulation of Banking," Departmental Working Papers 201004, Rutgers University, Department of Economics.
    6. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.

  30. Selgin, George, 1996. "Salvaging Gresham's Law: The Good, the Bad, and the Illegal," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 637-649, November.

    Cited by:

    1. John H. Munro, 2009. "Coinage and Monetary Policies in Burgundian Flanders during the late-medieval 'Bullion Famines',. 1384 - 1482," Working Papers tecipa-361, University of Toronto, Department of Economics.
    2. Li, Ling-Fan, 2009. "After the Great Debasement, 1544-51: did Gresham’s Law apply?," Economic History Working Papers 27874, London School of Economics and Political Science, Department of Economic History.
    3. Paweł Kowalewski & Stephen Quinn & William Roberds, 2025. "The Law of Copernicus in Poland, from early 16th century to late 18th century," Bank i Kredyt, Narodowy Bank Polski, vol. 56(2), pages 139-162.
    4. Easton, Steve, 2007. "Valuing coins as the sum of the underlying asset and a perpetual American put option," Global Finance Journal, Elsevier, vol. 17(3), pages 397-402, March.
    5. Bryan P Cutsinger & Vincent Geloso & Mathieu Bédard, 2022. "The wild card: colonial paper money in French North America, 1685 to 1719 [Economic Structure and Agricultural Productivity in Europe, 1300–1800]," European Review of Economic History, European Historical Economics Society, vol. 26(2), pages 185-207.
    6. Juan E. Castañeda & Sebastian Damrich & Pedro Schwartz, 2024. "Parallel Currencies under Free Floating Exchange Rates: A Model Setting Out the Conditions for Stable Currency Competition," Economies, MDPI, vol. 12(10), pages 1-20, September.
    7. Max Raskin & Fahad Saleh & David Yermack, 2020. "How do Private Digital Currencies Affect Government Policy?," World Scientific Book Chapters, in: Bernard Yeung (ed.), DIGITAL CURRENCY ECONOMICS AND POLICY, chapter 12, pages 111-115, World Scientific Publishing Co. Pte. Ltd..
    8. Gary Pecquet & Clifford Thies, 2010. "Money in occupied New Orleans, 1862–1868: A test of Selgin’s “salvaging” of Gresham’s Law," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(2), pages 111-126, June.
    9. Lawrence J. White, 2020. "Antitrust Economics And Consumer Protection Economics In Policy And Litigation: Why The Disparity?," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1555-1564, October.
    10. Prateek Saxena, 2020. "Comments on “Cellular Structure for a Digital Fiat Currency” — Cellular DFC Design: Technological Perspectives," World Scientific Book Chapters, in: Bernard Yeung (ed.), DIGITAL CURRENCY ECONOMICS AND POLICY, chapter 11, pages 103-109, World Scientific Publishing Co. Pte. Ltd..
    11. Y. -Y. Kim, 2004. "Gresham's law in the late Chosun Korea," Applied Economics Letters, Taylor & Francis Journals, vol. 11(15), pages 979-984.

  31. Selgin, George & White, Lawrence H, 1996. "In Defense of Fiduciary Media--Or, We Are Not Devo(lutionists), We Are Misesians!," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 9(2), pages 83-107.

    Cited by:

    1. Howden, David, 2010. "Knowledge Shifts and the Business Cycle: When Boom Turns to Bust," MPRA Paper 79591, University Library of Munich, Germany.
    2. Gentier Antoine, 2000. "Liberte Bancaire Ou Regulation Par Une Autorite Monetaire ?: Une Comparaison De Deux Systemes En Longue Periode: - Le Massachusetts (1803-1858) - La France (1800-1870)," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(1), pages 119-156, March.
    3. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    4. Raymond C. Niles, 2025. "A heroic theory of the business cycle: Incorporating Schumpeterian insights into Austrian business cycle theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 38(4), pages 337-367, December.
    5. Le Maux Laurent, 2000. "Ludwig Von Mises, Theoriceen De La Banque Libre : Reponse Aj.G. Hülsmann," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(1), pages 169-178, March.
    6. van den Hauwe, Ludwig, 2006. "The Uneasy Case for Fractional-Reserve Free Banking," MPRA Paper 120, University Library of Munich, Germany.
    7. Vicente Moreno-Casas & Philipp Bagus, 2021. "The ethics of care and the tragedy of the commons," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 68(4), pages 405-422, December.
    8. Anthony Evans, 2014. "In Defence of ‘Demand’ Deposits: Contractual Solutions to the Barnett and Block, and Bagus and Howden Debate," Journal of Business Ethics, Springer, vol. 124(2), pages 351-364, October.
    9. Raymond C. Niles, 2017. "The unresolved problem of gratuitous credit in Austrian banking theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 83-105, March.
    10. William Barnett & Walter Block, 2005. "Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(2), pages 179-194, June.
    11. Bagus, Philipp & Howden, David, 2010. "Fractional Reserve Banking: Some Quibbles," MPRA Paper 79590, University Library of Munich, Germany.

  32. Selgin, George, 1995. "The case for a "productivity norm": Comment on Dowd," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 733-740.

    Cited by:

    1. Denis O’Brien, 2014. "Hayek in the history of economic thought," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 2, pages 11-46, Edward Elgar Publishing.
    2. Kenny, Geoff & McGettigan, Donal, 1997. "Low Inflation or Price Stability? A Look at the Issues," Research Technical Papers 3/RT/97, Central Bank of Ireland.
    3. Dowd, Kevin, 1995. "Deflating the productivity norm," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 717-732.

  33. George Selgin, 1995. "The “Productivity Norm†versus Zero Inflation in the History of Economic Thought," History of Political Economy, Duke University Press, vol. 27(4), pages 705-735, Winter.

    Cited by:

    1. Pavel Potužák, 2018. "Price Level Stabilization: Hayek contra Mainstream Economics," Prague Economic Papers, Prague University of Economics and Business, vol. 2018(4), pages 449-478.
    2. Siven, Claes-Henric, 2000. "Analytical Foundations of Erik Lindahl's Monetary Analysis, 1924-30," Research Papers in Economics 2000:14, Stockholm University, Department of Economics.
    3. Geoffrey Brooke & Anthony Endres & Alan Rogers, 2018. "The Economists and Monetary Thought in Interwar New Zealand: The Gradual Emergence of Monetary Policy Activism," Working Papers 2018-09, Auckland University of Technology, Department of Economics.

  34. Lastrapes, William D. & Selgin, George, 1995. "The liquidity effect: Identifying short-run interest rate dynamics using long-run restrictions," Journal of Macroeconomics, Elsevier, vol. 17(3), pages 387-404.

    Cited by:

    1. Lahura, Erick, 2012. "Midiendo los efectos de la política monetaria a través de las expectativas de mercado," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 23, pages 39-52.
    2. Robert Lester & Jonathan Wolff, 2013. "The empirical relevance of the Mises-Hayek theory of the trade cycle," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(4), pages 433-461, December.
    3. Michael R. Wickens & Roberto Motto, 2001. "Estimating shocks and impulse response functions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 371-387.
    4. W. Douglas McMillin, 2001. "The Effects of Monetary Policy Shocks: Comparing Contemporaneous versus Long‐Run Identifying Restrictions," Southern Economic Journal, John Wiley & Sons, vol. 67(3), pages 618-636, January.
    5. Ben S. Bernanke & Jean Boivin & Piotr Eliasz, 2004. "Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach," NBER Working Papers 10220, National Bureau of Economic Research, Inc.
    6. Lahura, Erick, 2012. "Measuring the Effects of Monetary Policy Using Market Expectations," Working Papers 2012-005, Banco Central de Reserva del Perú.
    7. Lahura, Erick, 2010. "The Effects Of Monetary Policy Shocks In Peru: Semi-Structural Identification Using A Factor-Augmented Vector Autoregressive Model," Working Papers 2010-008, Banco Central de Reserva del Perú.
    8. Bernanke, Ben S. & Mihov, Ilian, 1998. "The liquidity effect and long-run neutrality," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 49(1), pages 149-194, December.
    9. Mark Dwyer, 1998. "Impulse Response Priors for Discriminating Structural Vector Autoregressions," UCLA Economics Working Papers 780, UCLA Department of Economics.
    10. W. Douglas McMillin & Keuk-soo Kim, 2002. "Estimating the Effects of Monetary Policy Shocks: Does Lag Structure Matter?," Departmental Working Papers 2002-04, Department of Economics, Louisiana State University.
    11. Reicher Christopher Phillip & Utlaut Johannes Friederich, 2013. "Monetary policy shocks and real commodity prices," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 715-749, October.
    12. Jon Faust & Eric M. Leeper, 1994. "When do long-run identifying restrictions give reliable results?," International Finance Discussion Papers 462, Board of Governors of the Federal Reserve System (U.S.).
    13. Antonio Ribba, 2017. "What Drives US Inflation and Unemployment in the Long Run?," Economics Bulletin, AccessEcon, vol. 37(2), pages 765-777.
    14. Carlos Fernando Daza Moreno & Jorge Mario Uribe, 2016. "Efectos de los cambios de la tasa de interés de Estados Unidos sobre Colombia, Perú y Chile," Revista de Economía del Caribe, Universidad del Norte, vol. 0(0), pages 1-19.
    15. Ronayne, David, "undated". "Which Impulse Response Function?," Economic Research Papers 270753, University of Warwick - Department of Economics.
    16. W. Douglas McMillin & William D. Lastrapes, 2001. "Cross-Country Variation in the Liquidity Effect," Departmental Working Papers 2001-04, Department of Economics, Louisiana State University.
    17. Benjamin Kim & Noor Ghazali, 1998. "The Liquidity Effect of Money Shocks on Short-Term Interest Rates: Some International Evidence," International Economic Journal, Taylor & Francis Journals, vol. 12(4), pages 49-63.
    18. Tobal Martín & Yslas Renato, 2016. "Two Models of FX Market Interventions: The Cases of Brazil and Mexico," Working Papers 2016-14, Banco de México.
    19. Miyao, Ryuzo, 2000. "The Role of Monetary Policy in Japan: A Break in the 1990s?," Journal of the Japanese and International Economies, Elsevier, vol. 14(4), pages 366-384, December.
    20. Lastrapes, W. D., 1998. "International evidence on equity prices, interest rates and money," Journal of International Money and Finance, Elsevier, vol. 17(3), pages 377-406, June.
    21. William D. Lastrapes & W. Douglas McMillin, 2004. "Cross-Country Variation in the Liquidity Effect: The Role of Financial Markets," Economic Journal, Royal Economic Society, vol. 114(498), pages 890-915, October.
    22. Reicher, Christopher Phillip & Utlaut, Johannes Friederich, 2011. "The effect of inflation on real commodity prices," Kiel Working Papers 1704, Kiel Institute for the World Economy.
    23. McKibbin, Warwick J. & Pagan, Adrian R. & Robertson, John C., 1998. "Some experiments in constructing a hybrid model for macroeconomic analysis," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 49(1), pages 113-142, December.
    24. Víctor Hugo Torres‐Preciado, 2021. "Monetary policy and regional economic performance in Mexico: A structural panel VAR approach," Growth and Change, Wiley Blackwell, vol. 52(1), pages 195-223, March.
    25. Loo, Clifton Mark & Lastrapes, William D., 1998. "Identifying the Effects of Money Supply Shocks on Industry-Level Output," Journal of Macroeconomics, Elsevier, vol. 20(3), pages 431-449, July.
    26. Firmin Doko Tchatoka & Lauren Slinger & Virginie Masson, 2020. "Revisiting empirical studies on the liquidity effect: An identication-robust approach," Adelaide Economics Working Papers 2020-02, Adelaide University, School of Economics.
    27. Halabi, Claudia E. & Lastrapes, William D., 2003. "Estimating the liquidity effect in post-reform Chile: do inflationary expectations matter?," Journal of International Money and Finance, Elsevier, vol. 22(6), pages 813-833, November.
    28. Hosseini, Seyed Mehdi & Ahmad, Zamri & Lai, Yew Wah, 2011. "The Role of Macroeconomic Variables on Stock Market Index in China and India," MPRA Paper 112215, University Library of Munich, Germany.
    29. W. Douglas McMillin & Keuk-Soo Kim, 2001. "Symmetric versus Asymmetric Lag Structures in Vector Autoregressive Models: A Monte Carlo Analysis with an Application to Estimating the Effects of Monetary Policy Shocks," Departmental Working Papers 2001-01, Department of Economics, Louisiana State University.
    30. Keating, John W., 2000. "Macroeconomic Modeling with Asymmetric Vector Autoregressions," Journal of Macroeconomics, Elsevier, vol. 22(1), pages 1-28, January.

  35. Selgin, George A. & White, Lawrence H., 1994. "Monetary Reform and the Redemption of National Bank Notes, 1863–1913," Business History Review, Cambridge University Press, vol. 68(2), pages 205-243, July.

    Cited by:

    1. Scott Fulford, 2010. "How important are banks for development? National banks in the United States 1870–1900," Boston College Working Papers in Economics 753, Boston College Department of Economics, revised 15 Dec 2014.
    2. Michael D. Bordo & Angela Redish & Hugh Rockoff, 2011. "Why didn't Canada have a banking crisis in 2008 (or in 1930, or 1907, or ...)?," NBER Working Papers 17312, National Bureau of Economic Research, Inc.
    3. Nicolás Cachanosky & Alexander W. Salter, 2020. "The super-alertness of central banks," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 187-200, March.
    4. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    5. George Selgin, 2014. "Operation Twist-the-Truth: How the Federal Reserve Misrepresents Its History and Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 229-263, Spring/Su.

  36. Selgin, George A, 1994. "On Ensuring the Acceptability of a New Fiat Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(4), pages 808-826, November.
    See citations under working paper version above.
  37. Lastrapes, William D & Selgin, George A, 1994. "Buffer-Stock Money: Interpreting Short-Run Dynamics Using Long-Run Restrictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(1), pages 34-54, February.

    Cited by:

    1. Paul Lau, Sau-Him, 2000. "On the validity and identification of long-run restrictions for a cointegrated system," Economic Modelling, Elsevier, vol. 17(4), pages 485-496, December.
    2. Luis Fernando Melo & Franz A.Hamann, 1998. "Inflación Básica.Una Estimación Basada en Modelos VAR Estructurales," Borradores de Economia 093, Banco de la Republica de Colombia.
    3. Evans, J. Lynne & Amey, Michael C., 1996. "Seigniorage and tax smoothing: Testing the extended tax-smoothing model," Journal of Macroeconomics, Elsevier, vol. 18(1), pages 111-125.
    4. Lastrapes, William D. & Selgin, George, 1995. "The liquidity effect: Identifying short-run interest rate dynamics using long-run restrictions," Journal of Macroeconomics, Elsevier, vol. 17(3), pages 387-404.
    5. Lau, Sau-Him Paul, 2008. "Using an error-correction model to test whether endogenous long-run growth exists," Journal of Economic Dynamics and Control, Elsevier, vol. 32(2), pages 648-676, February.
    6. Martin B. Schmidt, 2004. "Exogeneity within the M2 Demand Function: Evidence from a Large Macroeconomic System," Economic Inquiry, Western Economic Association International, vol. 42(4), pages 634-646, October.
    7. Lastrapes, W. D., 1998. "International evidence on equity prices, interest rates and money," Journal of International Money and Finance, Elsevier, vol. 17(3), pages 377-406, June.
    8. Nicholas Apergis, 2001. "Reassessing the role of buffer stock money under oil price shocks," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 29(1), pages 20-30, March.
    9. Martin Schmidt, 2003. "Money and prices: evidence from the G7 countries," Applied Economics, Taylor & Francis Journals, vol. 35(17), pages 1799-1809.
    10. Christopher A. Sims & Tao Zha, 1994. "Error Bands for Impulse Responses," Cowles Foundation Discussion Papers 1085, Cowles Foundation for Research in Economics, Yale University.
    11. Hany Guirguis & Martin B. Schmidt, 2005. "Output Variability and the Money-Output Relationship," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 4(1), pages 53-66, April.

  38. Selgin, George, 1994. "Free Banking and Monetary Control," Economic Journal, Royal Economic Society, vol. 104(427), pages 1449-1459, November.

    Cited by:

    1. Philipp Bagus & David Howden, 2011. "Monetary equilibrium and price stickiness: Causes, consequences and remedies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(4), pages 383-402, December.
    2. Harwick, Cameron & Caton, James, 2022. "What’s holding back blockchain finance? On the possibility of decentralized autonomous finance," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 420-429.
    3. Salter, Alexander William & Young, Andrew T., 2018. "Would a free banking system stabilize NGDP growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 21-25.
    4. Pender, Casey, 2024. "Is deflation cause for panic? Evidence from the National Banking era," Journal of Macroeconomics, Elsevier, vol. 82(C).
    5. Hendrickson, Joshua R. & Salter, Alexander W., 2018. "Going beyond monetary constitutions: The congruence of money and finance," The Quarterly Review of Economics and Finance, Elsevier, vol. 69(C), pages 22-28.
    6. William Luther, 2015. "The monetary mechanism of stateless Somalia," Public Choice, Springer, vol. 165(1), pages 45-58, October.
    7. Salter, Alexander William & Young, Andrew T., 2018. "A theory of self-enforcing monetary constitutions with reference to the Suffolk System, 1825–1858," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 13-22.
    8. Alexander William Salter & Andrew T. Young, 2015. "Would a Free Banking System Target NGDP Growth?," Working Papers 15-08, Department of Economics, West Virginia University.
    9. Giuseppina Gianfreda & Nathalie Janson, 2001. "Le banche di emissione in Italia tra il 1861 e il 1893: un caso di concorrenza?," Rivista di Politica Economica, SIPI Spa, vol. 91(1), pages 15-74, January.
    10. David Vanhoose, 1997. "Macroeconomic stability in a free banking system," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 25(4), pages 331-343, December.
    11. Joshua Hendrickson, 2025. "The case for nominal GDP level targeting," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1404-1419, April.
    12. Hortlund, Per, 2005. "Clearing vs. Leakage: Does Note monopoly Increase Money and Credit Cycles?," SSE/EFI Working Paper Series in Economics and Finance 600, Stockholm School of Economics.
    13. Young, Andrew T. & Dove, John A., 2013. "Policing the chain gang: Panel cointegration analysis of the stability of the Suffolk System, 1825–1858," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 182-196.
    14. Manfred Neldner, 2003. "Competition Necessarily Tends to Produce Excess: The Experience of Free Banking in Switzerland," German Economic Review, Verein für Socialpolitik, vol. 4(3), pages 389-408, August.
    15. Joshua R. Hendrickson, 2015. "Monetary equilibrium," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(1), pages 53-73, March.
    16. Hendrickson, Joshua R., 2022. "Commodity money, free banking, and nominal income targeting: Lessons for monetary policy reform," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 462-477.
    17. Bagus, Philipp & Howden, David, 2011. "Unanswered Quibbles with Fractional Reserve Free Banking," MPRA Paper 79594, University Library of Munich, Germany.
    18. Hortlund, Per, 2005. "Clearing vs. Leakage: Does Note Monopoly Increase Money and Credit Cycles?," Ratio Working Papers 67, The Ratio Institute.
    19. Alexander William Salter, 2017. "Playing at markets: A New Austrian perspective on macroeconomic policy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 39-49, March.
    20. Ben O’Neill, 2015. "Some statistical aspects of precautionary reserves in banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(2), pages 179-193, June.
    21. Selgin, George, 2015. "Synthetic commodity money," Journal of Financial Stability, Elsevier, vol. 17(C), pages 92-99.
    22. Romain Baeriswyl, 2014. "Intertemporal discoordination in the 100 percent reserve banking system," Working Papers 14.06, Swiss National Bank, Study Center Gerzensee.
    23. Malavika Nair & Rahimat Emozozo, 2018. "Electronic Currency In Africa: M†Pesa As Private Inside Money," Economic Affairs, Wiley Blackwell, vol. 38(2), pages 197-206, June.
    24. Bagus, Philipp & Howden, David, 2010. "Fractional Reserve Banking: Some Quibbles," MPRA Paper 79590, University Library of Munich, Germany.

  39. George A. Selgin & Lawrence H. White, 1994. "How Would the Invisible Hand Handle Money?," Journal of Economic Literature, American Economic Association, vol. 32(4), pages 1718-1749, December.
    See citations under working paper version above.
  40. George A. Selgin, 1990. "Monetary Equilibrium and the Productivity Norm of Price-Level Policy," Cato Journal, Cato Journal, Cato Institute, vol. 10(1), pages 265-287, Spring/Su.

    Cited by:

    1. Philipp Bagus & David Howden, 2011. "Monetary equilibrium and price stickiness: Causes, consequences and remedies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(4), pages 383-402, December.
    2. Hugh Rockoff, 2000. "Henry Calvert Simons and the Quantity Theory of Money," Departmental Working Papers 200003, Rutgers University, Department of Economics.
    3. Pender, Casey, 2024. "Is deflation cause for panic? Evidence from the National Banking era," Journal of Macroeconomics, Elsevier, vol. 82(C).
    4. Charles A. E. Goodhart & Jose Vinals, 1994. "Strategy an tactics of monetary policy: examples from Europe and the Antipodes," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 38, pages 139-194.
    5. Bagus, Philipp & Howden, David, 2011. "Unanswered Quibbles with Fractional Reserve Free Banking," MPRA Paper 79594, University Library of Munich, Germany.
    6. Dowd, Kevin, 1995. "Deflating the productivity norm," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 717-732.
    7. Cachanosky, Nicolas, 2014. "The effects of U.S. monetary policy on Colombia and Panama (2002–2007)," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(3), pages 428-436.
    8. Geoffrey Brooke & Anthony Endres & Alan Rogers, 2018. "The Economists and Monetary Thought in Interwar New Zealand: The Gradual Emergence of Monetary Policy Activism," Working Papers 2018-09, Auckland University of Technology, Department of Economics.

  41. Donald J. Boudreaux & George A. Selgin, 1990. "L. Albert Hahn: A Precursor of Keynesianism and the Monetarist Counterrevolution," History of Political Economy, Duke University Press, vol. 22(2), pages 261-279, Summer.

    Cited by:

    1. Hagemann, Harald, 2010. "L. Albert Hahn's Economic Theory of Bank Credit," Department of Economics Working Paper Series 134, WU Vienna University of Economics and Business.

  42. George A. Selgin, 1989. "Legal Restrictions, Financial Weakening, and the Lender of Last Resort," Cato Journal, Cato Journal, Cato Institute, vol. 9(2), pages 429-469, Fall.

    Cited by:

    1. George Selgin, 2012. "Mere quibbles: Bagus and Howden’s critique of the theory of free banking," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 131-148, June.
    2. Anson, Mike & Bhola, David & Kang, Miao & Thomas, Ryland, 2017. "The Bank of England as lender of last resort: New historical evidence from daily transactional data," eabh Papers 17-03, The European Association for Banking and Financial History (EABH).
    3. George S. Berger, 1993. "What Should Banks Really Do?: Comment," Contemporary Economic Policy, Western Economic Association International, vol. 11(4), pages 107-110, October.
    4. Sánchez-Ballesta, Juan Pedro & Lloréns, Mercedes Bernal, 2010. "Monitoring, reputation and accountability in issuing banks in mid-nineteenth-century Spain," Explorations in Economic History, Elsevier, vol. 47(4), pages 403-419, October.
    5. Lawrence H. White, 2013. "Antifragile Banking and Monetary Systems," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 474-484, Fall.
    6. Laurent Le Maux, 2021. "Bagehot for Central Bankers," Working Papers hal-03201509, HAL.
    7. Owen F. Humpage & Jean M. McIntire, 1995. "An introduction to currency boards," Economic Review, Federal Reserve Bank of Cleveland, issue Q II, pages 2-11.
    8. Selgin, George & Lastrapes, William D. & White, Lawrence H., 2012. "Has the Fed been a failure?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 569-596.
    9. Kevin Dowd, 1990. "Does Europe Need a Federal Reserve System?," Cato Journal, Cato Journal, Cato Institute, vol. 10(2), pages 423-453, Fall.

  43. George A. Selgin, 1988. "Accommodating Changes in the Relative Demand for Currency: Free Banking vs. Central Banking," Cato Journal, Cato Journal, Cato Institute, vol. 7(3), pages 621-641, Winter.

    Cited by:

    1. Olivier Brossard & Hicham Chetioui, 2003. "Histoire longue : la naissance de la réglementation prudentielle, 1800-1945," Revue d'Économie Financière, Programme National Persée, vol. 73(4), pages 13-37.
    2. Olivier Brossard & Hicham Chetioui, 2003. "Histoire longue : La naissance de la réglementation prudentielle, 1800-1945," Post-Print hal-01294549, HAL.

  44. Selgin, George A & White, Lawrence H, 1987. "The Evaluation of a Free Banking System," Economic Inquiry, Western Economic Association International, vol. 25(3), pages 439-457, July.
    See citations under working paper version above.

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