Over at freebanking.org Kurt Schuler has been asking his readers for references to blogs on Free Banking. I know Kurt is a reader of my blog so he obviously knows that I from time to time write about Free Banking and Free Banking related issues. However, I thought this would be a good oppurtunity to make a list of some my Free Banking related blog posts. You will find the list below.
There is no doubt that I think it is highly relevant to continue to discuss Free Banking – both on its own term and why it might be a alternative to central banking and as a way to in general understand monetary matters better. I would, however, hope that we in the future will see more forward-looking research on Free Banking than we have seen in the past. Hence, in the past a lot of the research on Free Banking has been focused historical examples of Free Banking, but there has been much less research done on how Free Banking systems could develop in the further. What reforms are for example necessary to promote Free Banking in the future?
My posts on especially monetary reform in Africa has to some extent been an attempt to start a debate about the possibility of monetary reform in Africa to promote Free Banking solutions. In my view with the right reforms we could see Free Banking solutions develop fast in Africa. What we need now is research to help policy makers to pass the right reforms. The expirience for example M-pesa in Kenya in my view clearly shows that African will be very happy to embrace free money as an alternative to monopolized money.
Concluding, my blog is not primarily about Free Banking, but certainly I think that Free Banking is a valid alternative to central banking that needs to be discussed much more seriously and I think that there is a real opportunity that we could Free Banking develop as a serious alternative central banking – particularly in Africa.
Earlier Free Banking related posts: