Monetary Policy and the Onset of the Great Depression [electronic resource] : The Myth of Benjamin Strong as Decisive Leader /
Toma, M.author.
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.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; List of Figures; List of Tables; Preface; 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 and 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 The Seductiveness of the Decisive Leader View; Epilogue; Appendix; Notes
Works CitedIndex
Includes bibliographical references and index.
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.
Strong, Benjamin, 1872-1928.
Strong, Benjamin, 1872-1928.
Strong, Benjamin, 1872-1928.
Board of Governors of the Federal Reserve System (U.S.)
Board of Governors of the Federal Reserve System (U.S.)
USA. Board of Governors of the Federal Reserve System
Macroeconomics.
Economic policy.
Microeconomics.
Economic history.
Schools of economics.
Economics.
Macroeconomics/Monetary Economics//Financial Economics.
Economic Policy.
Microeconomics.
Economic History.
Heterodox Economics.
Political Economy/Economic Systems.