A Critical Analysis of Central Banks and Fractional-Reserve Free Banking
Translation: Octavian Vasilescu
First published in Journal des économistes et des études humaines vol. 5, nr. 2-3, 1994, title: „Banques centrales ou banques libres: le débat théorique sur les réserves fractionnaires”. Prof. Jesús Huerta de Soto has dedicated the article to James M. Buchanan. The romanian translation has observed the english translation published in Review of Austian Economics, vol. 8, nr. 2, 1995.
© Translated and published online with the author's permission.
© 2003 Institutul Ludwig von Mises - România pentru ediţia în limba română.
