x

Our Privacy Policy has changed. By using this site, you agree to the Privacy Policy.

Monetary Policy in the United States An Intellectual and Institutional History

ISBN-10: 0226803848
ISBN-13: 9780226803845
Edition: 1993
List price: $49.00 Buy it from $2.75
This item qualifies for FREE shipping

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

30 day, 100% satisfaction guarantee

If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.

Learn more about our returns policy

Description: In this extensive history of U.S. monetary policy, Richard H. Timberlake chronicles the intellectual, political, and economic developments that prompted the use of central banking institutions to regulate the monetary systems. After describing the  More...

New Starting from $57.55
what's this?
Rush Rewards U
Members Receive:
coins
coins
You have reached 400 XP and carrot coins. That is the daily max!
You could win $10,000

Get an entry for every item you buy, rent, or sell.

Study Briefs

Limited time offer: Get the first one free! (?)

All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.

Add to cart
Study Briefs
Business Ethics Online content $4.95 $1.99
Add to cart
Study Briefs
Business Law Online content $4.95 $1.99
Add to cart
Study Briefs
Management Online content $4.95 $1.99

Customers also bought

Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading

Book details

List price: $49.00
Copyright year: 1993
Publisher: University of Chicago Press
Publication date: 11/3/1993
Binding: Paperback
Pages: 528
Size: 6.25" wide x 9.00" long x 1.00" tall
Weight: 1.496
Language: English

In this extensive history of U.S. monetary policy, Richard H. Timberlake chronicles the intellectual, political, and economic developments that prompted the use of central banking institutions to regulate the monetary systems. After describing the constitutional principles that the Founding Fathers laid down to prevent state and federal governments from printing money. Timberlake shows how the First and Second Banks of the United States gradually assumed the central banking powers that were originally denied them. Drawing on congressional debates, government documents, and other primary sources, he analyses the origins and constitutionality of the greenbacks and examines the evolution of clearinghouse associations as private lenders of last resort. He completes this history with a study of the legislation that fundamentally changed the power and scope of the Federal Reserve System--the Banking Act of 1935 and the Monetary Control Act of 1980. Writing in nontechnical language, Timberlake demystifies two centuries of monetary policy. He concludes that central banking has been largely a series of politically inspired government-serving actions that have burdened the private economy.

List of Tables
Preface
Acknowledgments
The Genesis of Monetary Control and the First Bank of the United States
Treasury Policy, 1811-1820
Central-Banking Growth of the Second Bank of the United States
Decline of the Second Bank and Rise of the Treasury
The Specie Circular and the Distribution of the Surplus
The Independent Treasury System before the Civil War
Civil War Inflation and Postwar Monetary Policies
The Panic of 1873 and Resumption
Controversy over Currency Denominations
The Political Origin and Judicial Sanction of the Greenbacks
The Golden Cloud with the Silver Lining
The Fall of Silver
Monetary Policy in the Golden Era
The Central-Banking Role of Clearinghouse Associations
Advent of the Federal Reserve System
Summary of Central-Banking Development up to 1914
The Real-Bills Era of the Federal Reserve System
The Appearance of the Political Federal Reserve System
The Reserve Requirement Experiment of the Mid-Thirties
The Disequilibrium Era: 1940-1951
The Post-Accord Era of the Fed: 1951-1967
Destabilizing Factors in Federal Reserve Policy, 1967-1980
Monetarism and the Pseudo-Monetarism of Federal Reserve Policy, 1979-1983
The Monetary Control Act of 1980
The Federal Reserve Approach to Price Level Stability (I)
The Federal Reserve Approach to Price Level Stability (II)
What the Fed Cannot Do; What the Fed Can Do; What the Fed Should Do
Notes
Bibliography
Name Index
Subject Index

×
Free shipping on orders over $35*

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

Learn more about the TextbookRush Marketplace.

×