Reply To: Usury

#21182
jhendon5
Member

The political thoughts of Murray Rothbard did in his book “History of Economic Thought”. Ron Paul does as well. And Austrian economist Robert Murphy does too – here’s a link: http://mises.org/daily/4499.

There are those who claim that the “Money Multiplier” is a myth but I must admit I don’t really understand their reasoning. Here’s an example: http://www.forbes.com/sites/johntamny/2012/07/29/ron-paul-fractional-reserve-banking-and-the-money-multiplier-myth/

I’ve just started this particular course on political thought and don’t know if this is covered in the course or not.