Joakim Book
Research Fellow
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Yes, You Can Sell What You Do Not Own
To remain consistent, opponents of so-called fractional-reserve banking have to denounce overbooking practices among airlines as well as the entire business of insurance.
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Safe Banks Are Probably Not What You Want
Why wouldn’t we want safe and stable banks? Like almost everything else in economics, benefits in one area comes with real costs in others.
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What Does It Mean to Have Predicted an Economic Event?
Seismologists can’t predict earthquakes. Economists can predict financial meltdowns? Please.
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•
Yes, You Can Sell What You Do Not Own
To remain consistent, opponents of so-called fractional-reserve banking have to denounce overbooking practices among airlines as well as the entire business of insurance.
-
•
Safe Banks Are Probably Not What You Want
Why wouldn’t we want safe and stable banks? Like almost everything else in economics, benefits in one area comes with real costs in others.
-
•
What Does It Mean to Have Predicted an Economic Event?
Seismologists can’t predict earthquakes. Economists can predict financial meltdowns? Please.