Mises Daily
Author:
James Grant
Online Publish Date:
[This article originally appeared in the Free Market , February 1990 (8.2), and is included in the book The Economics of Liberty , edited by Lew Rockwell.] It’s a Wonderful Life (1946) The banking dilemma seems eternal, like the monetary dilemma, the tax dilemma, and the marital dilemma. The essence of the banking dilemma, however, is that the