• Philipp Bagus on the Flaws in the "Real Bills" Doctrine

  • Oct 11 2024
  • Length: Less than 1 minute
  • Podcast

Philipp Bagus on the Flaws in the "Real Bills" Doctrine

Listen for free

View show details

  • Summary

  • Dr. Philipp Bagus explains the main ideas from his new book, Full Reserve Banking versus the Real Bills Doctrine, which defends Misesian business cycle theory from a recent critique. Bagus provides an in-depth criticism of the Real Bills Doctrine, emphasizing the importance of real savings in economic stability. He defends full reserve banking and critiques fractional reserve systems for creating money without real economic backing, leading to inflation and business cycles.

    • Full Reserve Banking versus the Real Bills Doctrine: Mises.org/HAP469a
    • Bob's Study Guide to The Theory of Money and Credit: Mises.org/HAP469b
    • Philipp Bagus, "Entrepreneurial Error Does Not Equal Market Failure" Mises.org/HAP469c

    The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Philipp Bagus on the Flaws in the "Real Bills" Doctrine

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available