Banking and finance roundup

Cato-centric edition:

• “Fractional reserve banking is at the root of business cycles” is no more persuasive than “fractional-reserve banking is inherently fraudulent” [George Selgin, Cato Alt-M] And Cato’s 36th annual monetary conference will be held in DC Nov. 15 with the theme: “Monetary Policy: Ten Years After the Crisis”;
• Some fear anticompetitive effects from patterns of common ownership of corporate equities among index funds and institutional investors. Not so fast [Thomas A. Lambert and Michael E. Sykuta, Regulation magazine]
• “10 Years Later, Assessing the Dangerous Legacy of TARP” [John Allison, Real Clear Markets]
• “Why Bitcoin Is Not an Environmental Catastrophe” [Diego Zuluaga, Cato]
• Vern McKinley reviews book by advocate of postal banking revival [Regulation; earlier here and here]
• “America has strong protection of private property rights, is bound by the rule of law, and pays its debts.” Well, for the most part [Gerald O’Driscoll, Jr., Cato Journal reviewing book on FDR gold episode]

Filed under: antitrust, banks, Cato Institute

Banking and finance roundup curated from Overlawyered