The ‘original sin’ of central banks
IEA research quoted in ConservativeHome
Julian Jessop quoted in The Daily Express
IEA research featured in Business Live
“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.