Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader

Monetary Policy and the Onset of the Great Depression: The Myth of Benjamin Strong as Decisive Leader

by M. Toma

Paperback(1st ed. 2013)

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Product Details

ISBN-13: 9781349476152
Publisher: Palgrave Macmillan US
Publication date: 12/18/2013
Edition description: 1st ed. 2013
Pages: 214
Product dimensions: 5.98(w) x 9.02(h) x (d)

About the Author

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.

Table of Contents

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?

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