About this episode

The episode recaps a debate on Fractional Reserve Banking between economists Bob Murphy and George Selgin.

On this crossover episode, Adam Haman and economist Bob Murphy take the Wayback Machine to a 2018 Soho Forum debate between Bob and economist George Selgin about whether Fractional Reserve Banking (FRB) poses a threat to the stability of market economies.Bob makes of Adam a simple request: "Tell me why I lost this debate."00:00 — Intro. The topic for this episode is bonkers!02:55 — What was this debate all about? 05:25 — Why Bob Lost Reason 1) Oxford-style voting.08:30 -- Why Bob Lost Reason 2) Dressing for success.10:40 -- Why Bob Lost Reason 3) Delivery. (Featuring Clip 1: Jimmy Stewart)20:30 — Why Bob Lost Reason 4) Selgin's argument was an easier sell.21:30 — Why Bob Lost Reason 5) An important assertion not effectively refuted. Also, Adam blames Bob for not inventing time travel.29:20 — Clip 2: Gene Epstein tees Bob up. Did Bob swing and miss? Also: chemical gas?44:15 — Clip 3: Selgin the empiricist, Scottish banking, and what would the magnitude of FRFB booms/busts be w/o a central bank and government regulations?58:30 — Clip 4: Selgin's closing statement.1:03:18 — Clip 5: Bob's closing statement.1:10:50 — Outro and final thoughts. Thank you for supporting Haman…

People in this episode

Host: Adam Haman

Guest: Bob Murphy

Topics covered

• Fractional Reserve Banking
• economic debate
• market stability
• banking regulations
• crossover episode

Keywords

• Fractional Reserve Banking
• economic debate
• market economies
• banking stability
• Bob Murphy
• George Selgin
• Haman Nature

Sponsors

ExpatMoney.com

Mentioned in this episode

Organizations: Haman Nature, Mises

Books & works: Bob's 2019 article

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