Mises on Fractional Reserves: A Review of Huerta De Soto's Argument

Cachanosky, Nicolas

doi:10.2139/ssrn.1734143

Abstract

Mises on Fractional Reserves: A Review of Huerta De Soto's Argument

Nicolas Cachanosky

Suffolk University

May 9, 2011

New Perspectives on Political Economy (7).2:203-230

Abstract:
The interpretation that Mises preferred banking with a 100% reserve requirement finds strong support in Huerta de Soto’s Money, Bank Credit, and Economic Cycles. This article seeks to review his arguments concluding that it is in fact more feasible to interpret that Mises preferred free banking with fractional reserves to the 100% reserve requirement.

Keywords: Mises, fractional reserves, Huerta de Soto

JEL Classification: B25, B31

Accepted Paper Series

Date posted: January 28, 2011 ; Last revised: July 10, 2012

Suggested Citation

Cachanosky, Nicolas, Mises on Fractional Reserves: A Review of Huerta De Soto's Argument (May 9, 2011). New Perspectives on Political Economy (7).2:203-230. Available at SSRN: http://ssrn.com/abstract=1734143 or http://dx.doi.org/10.2139/ssrn.1734143

Contact Information

Nicolas Cachanosky (Contact Author)

Suffolk University ( email )

8 Ashburton Place
Boston, MA 02108
United States

HOME PAGE: http://www.ncachanosky.com