(Q123642)

English

fractional reserve banking

banking system where bank holds reserves equal to fraction of deposit liabilities

Statements

Fractional reserve banking
0 references

Identifiers

Philosophy of Money and Finance
3 references
5. Political Philosophy / 5.2 Finance, Money, and Domestic Justice / Advocates of fully public banking envisage a system in which private banks are stripped of their authority to create new money, ... (English)
(see Jackson & Dyson 2012; Wolf 2014a,b; Laina 2015; Dyson, Hodgson, & van Lerven 2016a,b; Ingham, Coutts, & Konzelmann 2016; Dow 2016; for commentary and criticism see Goodhart & Jensen 2015; Fontana & Sawyer 2016). (English)
Dyson, Ben, Graham Hodgson, and Frank van Lerven, 2016b, "A Response to Critiques of 'Full Reserve Banking'", Cambridge Journal of Economics, 40(5): 1351 -- 1361. doi:10.1093/cje/bew036 Fontana, Giuseppe and Malcolm Sawyer, 2016, "Full Reserve Banking: More 'Cranks' Than 'Brave Heretics'", Cambridge Journal of Economics, 40(5): 1333 -- 1350. doi:10.1093/cje/bew016 Laina, Patrizio, 2015, "Proposals for Full-Reserve Banking: a Historical Survey from David Ricardo to Martin Wolf", Economic Thought, 4(2): 1 -- 19. [Laina 2015 available online] (English)
 
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