100% Reserve Banking

This is a presentation at the annual Hyman P. Minsky Conference held at the Levy Economics Institute of Bard College in June 2011. This talk explains how I first became interested in the 100% reserve plan and the individuals and essential elements of the proposal. There is also a discussion of narrow banking and the relevance of the Chicago Plan for present-day financial reform. You can download a copy of Levy Public Policy Brief No. 18 “Narrow Banking: The Functional Approach to Financial Reform,” here. You may purchase a digital copy of The Chicago Plan and New Deal  Banking Reform here or in paperback from Routledge here. You may also download the Levy Institute Policy Brief on narrow banking by clicking on the image below.