Archive for Donald R. Wells and L.S. Scruggs
Toward Free Banking
Dr. Wells teaches in the Department of Economies and Dr. Scruggs in the Department of Finance at Memphis State University, Memphis, Tennessee. This article is based on a paper presented to the Southwestern Economics Association in San Antonio, Texas, on March 20, 1986.
Moving toward a fully deregulated financial system.
Most economists consider money to [...]
The Free Banking Alternative
Donald Wells teaches in the department of economics and L. S. Scruggs in the department of finance at Memphis State University, Tennessee.
On March 31, 1980, a major piece of legislation was passed by Congress to deregulate commercial banks and other deposit-type financial institutions. This deregulation took the form of phasing out interest rate ceilings [...]
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The Evil of Government Debt
As we’ve seen in the last two TGIFs, Destutt de Tracy, writing (pdf) in early nineteenth-century France,... Read More
Where There’s a Will There’s a Way?
Many aphorisms and common expressions take on a different meaning when seen through the lens of economics. One... Read More
Will Medical “Reform” Cut Real Costs?
It seems that the so-called health care “reform” bill will become law soon enough. (President Barack... Read More
The Welfare State Kills Children
On February 22 a court in suburban Washington, D.C., passed judgment in one of the most horrendous cases... Read More
Government as Consumer
Destutt de Tracy, as I discussed last week, was a French economist whom Thomas Jefferson did his utmost... Read More
