• Article

      The Ethics of Fractional-Reserve Banking System: A Private Property Rights Approach (2024) 

      Espinosa, Víctor I.; Alonso-Neira, Miguel A.; Huerta de Soto, Jesús (Multidisciplinary Digital Publishing Institute (MDPI), 2023)
      It is generally stated that the fractional-reserve banking system (FRBS) is consistent with sustainable economic growth and development. While it assumes that depositors will not be a joint demand who will claim all their ...