The Money Interest and the Public Interest: American Monetary Thought, 1920-1970 (Harvard Economic Studies)

3.86 avg rating
( 7 ratings by Goodreads )
 
9780674584303: The Money Interest and the Public Interest: American Monetary Thought, 1920-1970 (Harvard Economic Studies)
View all copies of this ISBN edition:
 
 

The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy.

Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes.

More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy.

"synopsis" may belong to another edition of this title.

About the Author:

Perry G. Mehrling is Associate Professor of Economics at Barnard College of Columbia University.

Review:

“This warm and humane biography of three monetary economists whose careers spanned the last 100 years--Allyn Young, Alvin Hansen, and Edward Shaw--has a great deal to say about action away from the ball. In this case it is the efforts of three practical men to construe and fashion monetary policy during the 'revolution' and 'counterrevolution' of John Maynard Keynes and Milton Friedman.”David Warsh, Boston Globe

“Mehrling has written a history of American monetary thought covering the 1920s to the 1960s in the form of intellectual biographies of three economists: Allyn Young, Alvin Hansen, and Edward S. Shaw. All three, he argues, were products of the Progressive or institutionalist strand of American economic thought, and each represented the most significant engagement of the Progressive mind with the monetary events of their generation.”D.E. Moggridge, Choice

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Perry Mehrling
Published by Harvard Univ Press
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 1
Seller:

Book Description Harvard Univ Press. Condition: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Veteran Owned Bookshop in business since 1992!. Seller Inventory # 3913617

More information about this seller | Contact this seller

Buy New
US$ 67.94
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

2.

Mehrling, Perry G.
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Quantity Available: 5
Seller:
GreatBookPrices
(Columbia, MD, U.S.A.)

Book Description Condition: New. Seller Inventory # 622772-n

More information about this seller | Contact this seller

Buy New
US$ 78.73
Convert currency

Add to Basket

Shipping: US$ 2.64
Within U.S.A.
Destination, rates & speeds

3.

Perry Mehrling
Published by Harvard University Press
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Quantity Available: > 20
Seller:
INDOO
(Avenel, NJ, U.S.A.)

Book Description Harvard University Press. Condition: New. Brand New. Seller Inventory # 0674584309

More information about this seller | Contact this seller

Buy New
US$ 77.78
Convert currency

Add to Basket

Shipping: US$ 3.60
Within U.S.A.
Destination, rates & speeds

4.

Perry Mehrling
Published by HARVARD UNIVERSITY PRESS, United States (1998)
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)

Book Description HARVARD UNIVERSITY PRESS, United States, 1998. Hardback. Condition: New. Language: English. Brand new Book. The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy.Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes.More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy. Seller Inventory # BTE9780674584303

More information about this seller | Contact this seller

Buy New
US$ 99.93
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

5.

Perry Mehrling
Published by HARVARD UNIVERSITY PRESS, United States (1998)
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 10
Seller:
Book Depository International
(London, United Kingdom)

Book Description HARVARD UNIVERSITY PRESS, United States, 1998. Hardback. Condition: New. Language: English. Brand new Book. The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy.Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes.More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy. Seller Inventory # BZV9780674584303

More information about this seller | Contact this seller

Buy New
US$ 100.03
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

6.

Perry Mehrling
Published by Harvard University Press (1998)
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)

Book Description Harvard University Press, 1998. Hardcover. Condition: New. Seller Inventory # DADAX0674584309

More information about this seller | Contact this seller

Buy New
US$ 100.28
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

7.

Mehrling, Perry
Published by Harvard University Press (1998)
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)

Book Description Harvard University Press, 1998. Condition: New. book. Seller Inventory # M0674584309

More information about this seller | Contact this seller

Buy New
US$ 101.40
Convert currency

Add to Basket

Shipping: US$ 4.78
Within U.S.A.
Destination, rates & speeds

8.

Perry Mehrling
Published by Harvard Univ Pr (1998)
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Hardcover Quantity Available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)

Book Description Harvard Univ Pr, 1998. Hardcover. Condition: Brand New. 283 pages. 10.00x6.25x1.25 inches. In Stock. Seller Inventory # 0674584309

More information about this seller | Contact this seller

Buy New
US$ 145.68
Convert currency

Add to Basket

Shipping: US$ 9.75
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Mehrling, Perry
ISBN 10: 0674584309 ISBN 13: 9780674584303
New Quantity Available: 1
Seller:
BennettBooksLtd
(San Diego, CA, U.S.A.)

Book Description Condition: New. New. Seller Inventory # S-0674584309

More information about this seller | Contact this seller

Buy New
US$ 164.01
Convert currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, rates & speeds