31st August 2020. There is a letter in the Financial Times written by me and signed by several economists, though the FT shortened the original draft a bit. The basic points are fairly similar to the twelve points on the home page of this site. This is the link to the letter:
https://www.ft.com/content/f128ffd8-1d28-4f9b-b3aa-4b798ebdae3e
You may find the letter behind a pay-wall, but never give up when it appears that material is behind a paywall: there are various strategies for circumventing pay-walls which sometimes work. Strategy No 1: just Google the title and one or more of the authors of the material, which in this case is "It's time to reconsider full reserve banking." Authors: Hulsman, Laina or Huber.
Strategy No 2: try this "International Movement for Monetary Reform" site:
https://www.facebook.com/InternationalMoneyReform/posts/letter-its-time-to-reconsider-full-reserve-banking-signed-by-5-economists-includ/2212890238835584/
.....and click on the blue link.
Or try this site, which the blog of the former governor of Spain's central bank,
https://www.fidefundacion.es/dinero/
...and click on the "Carta del Professor Huber" link.
https://www.ft.com/content/f128ffd8-1d28-4f9b-b3aa-4b798ebdae3e
You may find the letter behind a pay-wall, but never give up when it appears that material is behind a paywall: there are various strategies for circumventing pay-walls which sometimes work. Strategy No 1: just Google the title and one or more of the authors of the material, which in this case is "It's time to reconsider full reserve banking." Authors: Hulsman, Laina or Huber.
Strategy No 2: try this "International Movement for Monetary Reform" site:
https://www.facebook.com/InternationalMoneyReform/posts/letter-its-time-to-reconsider-full-reserve-banking-signed-by-5-economists-includ/2212890238835584/
.....and click on the blue link.
Or try this site, which the blog of the former governor of Spain's central bank,
https://www.fidefundacion.es/dinero/
...and click on the "Carta del Professor Huber" link.
27th August 2020: Mervy King and Charles Goodhart.
The lack of professionalism at the top of the economics profession never ceases to amaze. Two recent articles on my blog on this are at the links below. The first (published on 26th Aug 2020 deals with Charles Goodhart's ideas on full reserve, and the second with Mervyn King's.
https://ralphanomics.blogspot.com/2020/08/the-volleys-fired-by-charles-goodhart.html
and here:
https://ralphanomics.blogspot.com/2020/08/mervyn-kings-ridiculous-objections-to.html