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Table of contents (11 chapters)
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Reviews
"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
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.
Bibliographic Information
Book Title: Monetary Policy and the Onset of the Great Depression
Book Subtitle: The Myth of Benjamin Strong as Decisive Leader
Authors: Mark Toma
DOI: https://doi.org/10.1057/9781137371621
Publisher: Palgrave Macmillan New York
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Mark Toma 2013
Hardcover ISBN: 978-1-137-37254-3Published: 18 December 2013
Softcover ISBN: 978-1-349-47615-2Published: 18 December 2013
eBook ISBN: 978-1-137-37162-1Published: 18 December 2013
Edition Number: 1
Number of Pages: XIX, 214
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, Microeconomics, Economic History, Heterodox Economics, Political Economy/Economic Systems