• 00:01    |    
    Initial credits
  • 20.1    |    
  • 27.5    |    
    People blame bankers and the financial system for the crisis. Will free banking unleash the beast?
  • 02:39    |    
    Bankers would then be responsible.
  • 03:20.5    |    
    What is the responsibility of the depositor?
  • 03:46    |    
    What if central banks worked? Why free banking and not central banks?
  • 04:19.5    |    
    Free banking worked in the nineteenth century. What caused the shift to central banks?
  • 05:01    |    
    Do governments have incentives to control the financial system?
  • 05:27.5    |    
    What do you think about a 100 percent reserve system?
  • 07:23.5    |    
    Does a 100 percent reserve system apply to any kind of deposits?
  • 07:46    |    
    What is a bank?
  • 08:52    |    
    Will banking activities change in the future?
  • 09:42.10000000000002    |    
    Will less financial innovation affect production?
  • 09:59.049999999999954    |    
    Final words
  • 10:04    |    
    Final credits

Interview with Lawrence White by Luis Figueroa

New Media  | 23 de junio de 2009  | Vistas: 32

Lawrence H. White answers questions regarding a free banking system in modern society.  He explains how it would bring prosperity to the financial system and comments on the respective obligations of bankers and depositors.  He comments on the drawbacks of central banking and government efforts to control the financial system. He also talks about the implications of a 100 percent reserve system.  Finally, White shares his views on the future of banking under government restrictions and the impact this would have on economic growth.


Economist and professor


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín