January 18, 2014 at 2:32 pm
#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.