Carl Svanberg

Carl Svanberg is a writer, from Sweden, who currently resides in Finland. He holds a bachelor's degree in practical philosophy from Lund University. In 2012 he completed the Objectivist Academy Center's Core Course as a top student, earning him an award from the Betty and Daniel Bloomfield Scholarship Fund. His articles have been published on The Undercurrent Blog and Newsmill. His LTE:s have been published in major Swedish newspapers such as Helsingborgs Dagblad, Svenska Dagbladet and Dagens Nyheter. He's also written essays for MUF, a Swedish political organization, and Timbro, a Swedish free market think tank.

Free Banking vs Banking Panics

In the 19th century America experienced one banking "panic" after another: 1819, 1837, 1857, 1873 and 1893. These recurring "panics" allegedly proved what happens in a completely unregulated banking system, a banking system free from the enlightened supervision of the...


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