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Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader - Hardcover
Monetary Policy and the Onset of the Great Depression challenges Milton Friedman and Anna Schwartz's now consensus view that the high tide of the Federal Reserve System in the 1920s was due to the leadership skills of Benjamin Strong, head of the Federal Reserve Bank of New York.
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Mark Toma is Associate Professor Emeritus of Economics at the University of Kentucky, USA. His research area is monetary history with a special emphasis on the public choice underpinnings of the Federal Reserve System.
"Toma's new book makes an important and original argument - that the decentralized early Federal Reserve System can be better understood as a quasi-competitive money-issuing system than as a unitary central bank - that forcefully challenges the received monetary history of the 1910s and 1920s. Readers who begin as sceptics, when they grapple with the details of the argument, will find themselves compelled to acknowledge the valuable insights and stubborn facts it brings to light." - Lawrence H. White, Professor of Economics, George Mason University, USA
"Toma defends a thesis that is bound to raise other monetary economists' hackles. . . . While many will find such claims hard to swallow, they will also profit, as I have, by pondering Toma's challenge to conventional wisdom." - George Selgin, Professor of Economics, The University of Georgia, USA
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- PublisherPalgrave Macmillan
- Publication date2013
- ISBN 10 1137372540
- ISBN 13 9781137372543
- BindingHardcover
- Number of pages233
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Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader by Toma, M. [Hardcover ]
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Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader
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Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader
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Book Description Buch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Monetary Policy and the Onset of the Great Depression challenges Milton Friedman and Anna Schwartz's now consensus view that the high tide of the Federal Reserve System in the 1920s was due to the leadership skills of Benjamin Strong, head of the Federal Reserve Bank of New York. 214 pp. Englisch. Seller Inventory # 9781137372543
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Monetary Policy and the Onset of the Great Depression : The Myth of Benjamin Strong as Decisive Leader
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Book Description Buch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - Monetary Policy and the Onset of the Great Depression challenges Milton Friedman and Anna Schwartz's now consensus view that the high tide of the Federal Reserve System in the 1920s was due to the leadership skills of Benjamin Strong, head of the Federal Reserve Bank of New York. Seller Inventory # 9781137372543
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Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader
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Book Description Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Mark Toma is Associate Professor Emeritus of Economics at the University of Kentucky, USA. His research area is monetary history with a special emphasis on the public choice underpinnings of the Federal Reserve System.Monetary Policy and the Onse. Seller Inventory # 458450888
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