On July 18th Bryan Caplan said in the next week he would give his and Jeff Hummel’s choices for the most efficient state enterprise. I discussed that here. Many commenters asked whether they could hear Hummel’s debunking of the “crazy Rothbardian view” on fractional reserve banking. Via Marginal Revolution it seems there are a boatload of FEE mp3s freely available for listening. That inclues Hummel’s Why Fractional Reserve Banking is More Libertarian than the Gold Standard. Lawrence White also offers Is the Gold Standard a Viable Policy Option?. Have at it, Rothbardians!

Speaking of Caplan, I stick up for him against Kevin Carson (who considers him a mainstream elitist technocrat) here.

UPDATE: Caplan took two weeks, but he came through.

UPDATE 2: Hummel’s answer.

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