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122 sats \ 3 replies \ @elvismercury 8 Jan \ on: Good and Bad Banknotes (Journal of Monetary Economics, Gary Gorton) econ
You may enjoy Selgin's book Good Money if you haven't seen it -- was very mind-opening to me for similar reasons, one of the most influential books on my btc journey in fact.
Also, nobody ever says this, but Selgin is a beautiful and elegant writer!
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54 sats \ 0 replies \ @denlillaapan OP 8 Jan
Ah yes, i love this one! Have a copy signed by George. :) I read it travelling around NZ in Jan-Feb 2016. good times, good times.
I agree with you that it was a superb book—definitely influential in my monetary econ journey
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13 sats \ 1 reply \ @siggy47 7h
I was just re-reading The Genesis Book last night. Nick Szabo talks about Selgin's theories on free banking. He saw it as an improvement over a central bank, but pointed out the problem that trusted third parties (TTP) still exist. Ultimately he predicted once there was a failure of trust, the system would return to one controlled by a central bank.
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41 sats \ 0 replies \ @Bell_curve 7h
Hal Finney makes a reference to Selgin and free banking in one of his comments on bitcoin talk
update: https://www.reddit.com/r/Bitcoin/comments/3sb5nj/most_bitcoin_transactions_will_occur_between/
https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211
Dec 2010
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