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Good points. The main differences I think between a sustainable economy and unsustainable one is between our Bagehotian Banking model versus a more stable Mises
by tokenizer 13y ago
Good points. The main differences I think between a sustainable economy and unsustainable one is between our Bagehotian Banking model versus a more stable Mises Banking model.
Link to an article that compares them in detail: http://unqualified-reservations.blogspot.ca/2008/10/misesian-explanation-of-bank-crisis.html http://unqualified-reservations.blogspot.ca/2008/10/misesian...