Friday, November 13, 2009

The Origins of the Federal Reserve

Murray Rothbard's classic has been republished on Mises.org today.
The national-banking system [established during the Civil War] provided only a halfway house between free banking and government central banking, and by the end of the 19th century, the Wall Street banks were becoming increasingly unhappy with the status quo.

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War is a racket — and so is the state

In past writings I’ve attempted to show that the majority of the social problems experienced throughout the world — poverty, war, economic ...