The ‘original sin’ of central banks
17 January 2024
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In the Media
IEA research quoted in ConservativeHome
15 January 2024
Economics
Tax and Fiscal Policy
19 November 2024
IEA research featured in Business Live
IEA research on the case for abolishing central banks has been featured in Business Live. The editor of The Experience of Free Banking, Professor Kevin Dowd was quoted in the piece.
Kevin wrote:
“The experience of free banking shows that the root problem lies not with the markets, but with government interference in financial markets, starting first and foremost with the government setting up a pet bank to grant it loans it could not otherwise obtain. This original sin has spawned no end of needless problems that plague us to this day.”
Read the full piece here or in the Newcastle Journal (17/01/2024, p.15).
Read a copy of The Experience of Free Banking here.
Kevin wrote:
“The experience of free banking shows that the root problem lies not with the markets, but with government interference in financial markets, starting first and foremost with the government setting up a pet bank to grant it loans it could not otherwise obtain. This original sin has spawned no end of needless problems that plague us to this day.”
Read the full piece here or in the Newcastle Journal (17/01/2024, p.15).
Read a copy of The Experience of Free Banking here.
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