Monetary economist George Selgin agrees with Bob on the flaws with MMT, but then the two continue their debate (started at the Soho Forum) on fractional reserve free banking. The episode also includes George’s background and thoughts on Bitcoin.

Mentioned in the Episode and Other Links of Interest: The YouTube version of this episodeGeorge’s monograph Praxeology and UnderstandingMises’ book Theory and HistoryBob’s review of MMTGeorge and Bob debate at the Soho ForumGeorge’s article (co-authored with Larry White) defending fractional reserve free banking. Bob’s recent QJAE contribution to the debate.George’s articles at Alt-M on Canadian free banking, and 3 devoted to Scotland: one, two, and three.George’s interview on crytopcurrency.

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