Money

George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. He is the author of The Theory of Free Banking (Rowman & Littlefield, 1988); Bank Deregulation and Monetary Order (Routledge, 1996); Less Than Zero: The Case for a Falling Price Level in a Growing Economy (The Institute of Economic Affairs, 1997); and Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage (University of Michigan Press, 2008).

Foreword Introduction Part I: Regulatory Sources of Financial Instability 1. Central Banks as Sources of Financial Instability." The Independent Review, Spring 2010. 2. Legal Restrictions, Financial Weakening, and the Lender of Last Resort." Cato Journal, Fall 1989. 3. A Fiscal Theory of Government's Role in Money" (with Lawrence H. White). Economic Inquiry, January 1999. Part II: Before the Fed 4. The Suppression Of State Banknotes: A Reconsideration." Economic Inquiry, October 2000. 5. Monetary Reform and the Redemption of National Bank Notes, 1863-1913" (with Lawrence H. White). Business History Review, Summer 1994. 6. New York's Bank: The National Monetary Commission and the Founding of the Fed." Cato Institute Policy Analysis, May 2016. Part III: The Federal Reserve Era 7. The Rise and Fall of the Gold Standard in the United States." Cato Institute Policy Analysis, June 2013. 8. Has the Fed Been a Failure?" (with William D. Lastrapes and Lawrence H. White). Journal of Macroeconomics, September 2012. 9. Operation Twist-The-Truth: How the Federal Reserve Misrepresents its History and Performance." Cato Journal, Spring/Summer 2014. 10. Liberty Street: Bagehotian Prescriptions for a 21st Century Money Market." Cato Journal, Spring/Summer 2012.