Benjamin_Lyons comments on The Mystery At The Heart of Central Banking - Less Wrong Discussion
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The problem is I don't know how to show the absence of arguments for central banking, so a quote by someone as authoritative as Mankiw is really useful, even though it certainly isn't logical proof.
What is the difference exactly between the economists and their literature? I mean, if they should be asking a question, and I can't find the answer to the question in the literature and I can't even find the question itself anywhere, and I can't even find anyone pointing out how weird it is that the question isn't asked, what should I conclude other than a lack of curiosity?
Economists are pretty comfortable asserting self-interest as an explanation for anything where it possibly could be an explanation in the absence of disconfirming evidence, because we're that confident in the generality and power of self-interest as a motivator. You would need to do the experiment proving that it isn't self-interest--if the subject were anything other than central banking.