Boom Bust Season 1 Episode 135 Free Banking w/George Selgin and Ann Pettifor On Boom-Bust UK Economy

Episode 135 of the first season of the Boom Bust show features a discussion on the UK economy. The two guests, George Selgin and Ann Pettifor, weigh in on the topic of "Free Banking" and their opinions on this economic concept and its possible application in the UK. The episode is packed with information and insights on the topic of banking, particularly banking regulation and the traditional roles of central banks.

Selgin and Pettifor both have a wealth of experience and knowledge in the field of economics, and their expertise shines through in their assessments of the situation. Selgin's work on monetary theory and free banking spans decades, while Pettifor is a well-known economist and author with a background in activism and policy-making.

The episode begins with a discussion on the concept of "Free Banking," which is essentially a system in which the government does not regulate banks and allows them to operate based on market forces. Selgin argues that this system can lead to more stability and efficiency in the banking system, while Pettifor takes the opposite view. She believes that the government has a role to play in regulating banks to protect consumers and maintain financial stability.

The two guests go on to discuss the role of central banks and their impact on the economy. They debate the idea of "quantitative easing," which is a policy in which central banks inject money into the economy in order to stimulate growth. Selgin believes that this policy is inflationary and can have negative consequences in the long run, while Pettifor argues that it is necessary in times of economic crisis.

Throughout the episode, the discussion is lively and engaging, with both guests presenting their arguments in a clear and concise manner. They touch on a range of topics, from the history of banking regulation to the current state of the UK economy. The hosts of the show provide insightful questions and commentary, allowing the guests to fully explore their ideas.

Overall, episode 135 of the Boom Bust show is a must-watch for anyone interested in economics and banking regulation. Selgin and Pettifor are both highly respected experts in the field, and their discussion provides valuable insights and perspectives on these important topics. Whether you agree or disagree with their views, this episode is sure to stimulate thought and conversation.