Criticisms of fractional reserve banking have been put forward from a variety of perspectives. Critics have included mainstream economists such as Irving Fisher, Frank Knight and Milton Friedman. However, few if any mainstream economists now endorse such views. Within the economics profession, most criticisms are based upon non-mainstream economic theories such as those of the Austrian School.
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- Criticisms of fractional reserve banking have been put forward from a variety of perspectives. Critics have included mainstream economists such as Irving Fisher, Frank Knight and Milton Friedman. However, few if any mainstream economists now endorse such views. Within the economics profession, most criticisms are based upon non-mainstream economic theories such as those of the Austrian School. There are also critics from outside the economics profession, for example, author Michael Rowbotham, and libertarians who favor the free banking or full reserve banking systems.
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- Criticisms of fractional reserve banking have been put forward from a variety of perspectives. Critics have included mainstream economists such as Irving Fisher, Frank Knight and Milton Friedman. However, few if any mainstream economists now endorse such views. Within the economics profession, most criticisms are based upon non-mainstream economic theories such as those of the Austrian School.
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- Criticism of fractional-reserve banking
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