“The Legal Nature of the Relationship between Banker and Customer in old English Law (2),” Economicreflections, 10 August, 2014.This is another excellent post, and the first one can be read here.
In this new post, the author shows that, although there were some confusions, nevertheless Rothbard’s idea that in England “bailment law scarcely existed until the eighteenth century” (Rothbard 2008: 89) cannot be taken seriously.
Rothbard, Murray N. 2008. The Mystery of Banking (2nd edn.). Ludwig von Mises Institute, Auburn, Ala.
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