Monetary Policy and the Onset of the Great Depression

The Myth of Benjamin Strong as Decisive Leader

M. Toma (Autor)

Buch | Softcover

214 Seiten

2013 | 1st ed. 2013
Palgrave Macmillan (Verlag)
978-1-349-47615-2 (ISBN)

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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.

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.

1. Monetary Policy as Scapegoat 2. Founding of the Federal Reserve System 3. Beyond the Founders' Vision: Benjamin Strong as Decisive Leader or Figurehead? 4. Modeling Discretion versus Self-Regulation 5. The Riefler-Burgess Doctrine 6. Coming to Terms with the Scissors Effect 7. Austrian and Monetarist Theories of the Onset of the Great Depression 8. Coming to Terms with Benjamin Strong 9. Did Reserve Banks 'Really' Compete? 10. What Happened?

Erscheinungsdatum	12.08.2016
Zusatzinfo	XIX, 214 p.
Verlagsort	Basingstoke
Sprache	englisch
Maße	152 x 229 mm
Themenwelt	Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Depression • Milton Friedman • monetary policy
ISBN-10	1-349-47615-3 / 1349476153
ISBN-13	978-1-349-47615-2 / 9781349476152
Zustand	Neuware