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  1.  33
    Are Banking Crises Free‐Market Phenomena?George Selgin - 1994 - Critical Review 8 (4):591-608.
    The conventional view of banking crises sees them as an inherent problem of fractional?reserve banking systems. According to this view, government regulation in the form of an alert central bank (acting as a ?lender of last resort"), or deposit insurance, or both is needed to keep isolated bank failures from generating systemwide panic. But this view does not mesh with historical experience, which points to government regulation itself as the most likely cause of banking crises.
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    More Revolutionary Than Thou.George Selgin - 1989 - Critical Review 3 (3-4):435-443.
    THE KEYNESIAN REVOLUTION AND ITS CRITICS: ISSUES OF THEORY AND POLICY FOR THE MONETARY PRODUCTION ECONOMY by Gordon A. Fletcher New York: St. Martin's Press, 1987. 348pp., $35.00 A commonplace of the history of economic thought, repeated by Fletcher, holds that Keynes was the first economist of the 1930s to reject Say's Law of Markets. It is argued that Fletcher ignores many of Keynes's contemporaries, especially those influenced by Knut Wicksell, who disagreed with Say but who used a framework for (...)
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