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Competition and Monopoly in the Federal Reserve System, 1914–1951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History) - Hardcover
Synopsis
Many economists view competition among central banks as leading to an over-issue of money. This book challenges the conventional wisdom by showing that competition among Federal Reserve banks in the 1920s did not result in an over-issue problem. The US Congress imposed a more monopolistic structure on the Fed in the mid-1930s so that it could accomodate an increase in the revenue needs of the Treasury. This book is unique in emphasizing the evolution of the Fed's structure from a highly competitive one to a highly monopolistic one.
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Review
"...Toma has written a thought-provoking book that contributes to our understanding of Fedaral Reserve policy..." David C. Wheelock, Jrnl of Eco. Hist.
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- PublisherCambridge University Press
- Publication date1997
- ISBN 10 0521562589
- ISBN 13 9780521562584
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages148
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Competition and Monopoly in the Federal Reserve System, 1914-1951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History)
Published by
Cambridge University Press, 1997
ISBN 10: 0521562589
ISBN 13: 9780521562584
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Competition and Monopoly in the Federal Reserve System, 1914-1951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History)
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Cambridge University Press, U.S.A., 1997
ISBN 10: 0521562589
ISBN 13: 9780521562584
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Competition and monopoly in the Federal Reserve System, 1914-1951 : a microeconomics approach to monetary history / Mark Toma
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Cambridge : Cambridge University Press, 1997
ISBN 10: 0521562589
ISBN 13: 9780521562584
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First Edition. Fine cloth copy in an equally fine dust-wrapper. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description: xiv, 132 pages. Subject: Federal Reserve System. Board of Governors. Federal Reserve banks History. Monetary policy United States History 20th century. Federal Reserve banks History. Microeconomics. Monetary policy United States History. Monetary policy United States History 20th century. Federal Reserve banks History. Microeconomics. Monetary policy United States History. 1 Kg. Seller Inventory # 382505
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Competition and monopoly in the Federal Reserve System, 1914-1951 : a microeconomics approach to monetary history / Mark Toma
Published by
Cambridge : Cambridge University Press, 1997
ISBN 10: 0521562589
ISBN 13: 9780521562584
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First Edition. Fine cloth copy in an equally fine dust-wrapper. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description: xiv, 132 pages. Subject: Federal Reserve System. Board of Governors. Federal Reserve banks History. Monetary policy United States History 20th century. Federal Reserve banks History. Microeconomics. Monetary policy United States History. Monetary policy United States History 20th century. Federal Reserve banks History. Microeconomics. Monetary policy United States History. 1 Kg. Seller Inventory # 382505
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Competition And Monopoly In The Federal Reserve System, 1914-1951 : A Microeconomic Approach To Monetary History
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ISBN 13: 9780521562584
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Competition and Monopoly in the Federal Reserve System, 1914?1951
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Competition and Monopoly in the Federal Reserve System, 1914?1951
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Competition and Monopoly in the Federal Reserve System, 1914?1951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History)
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ISBN 13: 9780521562584
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Competition and Monopoly in the Federal Reserve System, 1914?1951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History)
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ISBN 13: 9780521562584
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Competition and Monopoly in the Federal Reserve System, 1914?1951
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ISBN 13: 9780521562584
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