tag:blogger.com,1999:blog-6245381193993153721.post7686959808633464711..comments2024-03-17T00:23:24.896-07:00Comments on Social Democracy for the 21st Century: A Realist Alternative to the Modern Left: Foley versus Hill and the History of Fractional Reserve BankingLord Keyneshttp://www.blogger.com/profile/06556863604205200159noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6245381193993153721.post-57104260911686155142014-07-30T12:57:35.120-07:002014-07-30T12:57:35.120-07:00Thank you, Lord Keynes, your praise is much apprec...Thank you, Lord Keynes, your praise is much appreciated. I shall try to do a new post on the two cases you mention, and look further into the legal matters concerning grain warehouses. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-37084235850002504812014-07-30T03:37:09.531-07:002014-07-30T03:37:09.531-07:00I have linked to your fine post here:
http://soci...I have linked to your fine post here:<br /><br />http://socialdemocracy21stcentury.blogspot.com/2014/07/a-critique-of-murray-rothbard-on.htmlLord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-67158146253911694232014-07-30T03:36:28.965-07:002014-07-30T03:36:28.965-07:00Anonymous,
That is a truly excellent and very fas...Anonymous,<br /><br />That is a truly excellent and very fascinating post! I am most impressed by it. I will link to it.<br /><br />I am very interested to know more about these cases:<br /><br />(1) Kirk v. Webb (1698) Prec Ch 84; 24 ER 41.<br /><br />(2) Coggs v. Bernard (1790) 2 Ld Raym 909; 92 ER 107 (1704)<br /><br />Also, the question of the legal nature of grain warehouses interests me very much, since some American state laws seemed to be quite confused on this issue. I wonder whether previous English laws clarify things and show evidence of grain "warehouses" as really being just grain "banks" involving the mutuum contract?<br /><br />Finally, just some minor points:<br /><br />(1) You say:<br /><br /><i>"(If I also borrow the cup containing the sugar, this will be a bailment, provided I undertake to return to you the very same cup.)"</i><br /><br />I would suggest that if the cup is still the property of the person who lent it, this is better understood as what the Romans called commodatum (or "loan for use"), not bailment.<br /><br />(2) Also, Ranulf de Glanvill's <i>Tractatus de Legibus et Consuetudinibus Regni Angliae</i> (c. 1188) also describes contracts in language and concepts from Roman law: Glanville knows the mutuum, commodatum, depositum, venditio, and locatio. Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-10690090009032902122014-07-30T02:23:38.658-07:002014-07-30T02:23:38.658-07:00Dear Lord Keynes,
I've been following with m...Dear Lord Keynes, <br /><br />I've been following with much interest your posts on the various legal cases on bankers. I think I have some interesting contributions to make, but they're too big for a comment, so I made them into a blog post, here: http://economicreflections.wordpress.com/2014/07/30/the-legal-nature-of-the-relationship-between-banker-and-customer-in-old-english-law-3/ I hope you find them interesting. Feel free to copy that post in all or in part, if you want. Anonymousnoreply@blogger.com