Here are some recommended readings for the weekend:

1. Selgin has recently published a three-part blog post (first, second, and third) about fractional-reserve banking and the Austrian Business Cycle Theory .
2. Andreas Hoffmann disagrees with one statement of Selgin’s first post.
3. David Glasner discusses the Law of Reflux.
4. Max Roser shows that the poverty line chosen is irrelevant: the share of people living in poverty has declined globally.