Hugh Rockoff on Free-Banking Episodes

31/03/2013 45 min
Hugh Rockoff on Free-Banking Episodes

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Episode Synopsis

Hugh Rockoff discusses his EJW paper (with Ignacio Briones) on the findings of economic historians with regard to periods during which banks were lightly regulated. Rockoff explains the nature of these banking episodes and suggests that economic historians have come to a conclusion that overall the banking systems performed relatively well.