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This sparked an entire school of thought within economics, Free Banking, with banks not being banned from having fractional reserves as Rothbard advocated, but instead being free to experiment and discover the best method of conducting business.

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This sparked an entire school of thought within economics, Free Banking, with banks not being banned from having fractional reserves as other Austrians such as Murray Rothbard advocated, but instead being free to experiment and discover the best method of conducting business.

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