"Why Was the Fed Created?" with George Selgin, (Video) Lecture with Q&A.
Josh Robinson
2012/08/07 14:27:56
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Prof. Selgin provides a short but comprehensive explanation of the
institutional drawbacks of the United States banking system during the
19th century and how this fueled desire for financial reform.
Unfortunately, as Prof. Selgin goes on to describe, the solution of
allowing a free market in banking was rejected and instead another layer
of government regulation was placed on the banking sector in the form
of the Federal Reserve System.
institutional drawbacks of the United States banking system during the
19th century and how this fueled desire for financial reform.
Unfortunately, as Prof. Selgin goes on to describe, the solution of
allowing a free market in banking was rejected and instead another layer
of government regulation was placed on the banking sector in the form
of the Federal Reserve System.
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