My Wish Lists Login / Join

Monetary Policy in the United States

An Intellectual and Institutional History

By: Richard H. Timberlake

Write A Review

Paperback | 3 November 1993 | Edition Number 1

At a Glance

Paperback
528 Pages

Dimensions(cm)
2.28 x 1.58 x 0.31

Paperback

RRP $87.95

$67.75

23%OFF

or 4 interest-free payments of $16.94 with

Ships in 5 to 7 business days

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 Systemâ"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.

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Economics Macroeconomics Monetary Economics Politics & Government Central Government Central Government Policies Business & Management

List of Tables
Preface
Acknowledgments
The Genesis of Monetary Control and the First Bank of the United States	p. 1
Treasury Policy, 1811-1820	p. 13
Central-Banking Growth of the Second Bank of the United States	p. 28
Decline of the Second Bank and Rise of the Treasury	p. 43
The Specie Circular and the Distribution of the Surplus	p. 51
The Independent Treasury System before the Civil War	p. 65
Civil War Inflation and Postwar Monetary Policies	p. 84
The Panic of 1873 and Resumption	p. 104
Controversy over Currency Denominations	p. 118
The Political Origin and Judicial Sanction of the Greenbacks	p. 129
The Golden Cloud with the Silver Lining	p. 146
The Fall of Silver	p. 166
Monetary Policy in the Golden Era	p. 183
The Central-Banking Role of Clearinghouse Associations	p. 198
Advent of the Federal Reserve System	p. 214
Summary of Central-Banking Development up to 1914	p. 235
The Real-Bills Era of the Federal Reserve System	p. 254
The Appearance of the Political Federal Reserve System	p. 274
The Reserve Requirement Experiment of the Mid-Thirties	p. 288
The Disequilibrium Era: 1940-1951	p. 300
The Post-Accord Era of the Fed: 1951-1967	p. 316
Destabilizing Factors in Federal Reserve Policy, 1967-1980	p. 332
Monetarism and the Pseudo-Monetarism of Federal Reserve Policy, 1979-1983	p. 348
The Monetary Control Act of 1980	p. 362
The Federal Reserve Approach to Price Level Stability (I)	p. 375
The Federal Reserve Approach to Price Level Stability (II)	p. 390
What the Fed Cannot Do; What the Fed Can Do; What the Fed Should Do	p. 402
Notes	p. 421
Bibliography	p. 475
Name Index	p. 485
Subject Index	p. 490
Table of Contents provided by Blackwell. All Rights Reserved.

Monetary Policy in the United States

An Intellectual and Institutional History

At a Glance

Paperback

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Business & Management

Built to Burn

Why Work Burns People Out and How the Best Leaders Build Cultures That Don't

The Year in Tech, 2027

The Insights You Need from Harvard Business Review

Procrastinators Get Stuff Done

How to Go from Overwhelmed to Finished

Points

Mastering the Game of Frequent Flyers

Roll the Calls

A Memoir

Clear In Tension

How to Get Better at Conflict

A Life Reimagined

Designed for More

What Could Possibly Go Right?

The Essential Journey to Scale an Enduring Culture

The Age of Extraction

How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity

Work Fame

Get the Projects, Promotions and Perks You Deserve

Power in Numbers

Australian Women in Economics

The Simple Guide to ADHD Regulation

The Secret to Finding Balance, Getting Things Done, and Enjoying Your Life

Innovation in Action

Unlock Curiosity, Creativity and Clarity with the DUCTRI Toolkit

Untitled Js

A Memoir

The Australian Policy Handbook

7th Edition - A Practical Guide to the Policymaking Process

The Book of Genocides

Outwitting the Devil®

The Secret to Freedom and Success

How to Win Friends and Influence People

The Self-Help Classic

The Barefoot Investor

Classic Edition, Revised and Updated

Bootstrapping to Breakthrough: The Macro Mike Story

Start From Nothing. Break the Cycle. Rewrite Your Future.

Radical Candor - Fully Revised and Updated Edition

How to Get What You Want by Saying What You Mean

Drive

Surprising Truth About What Motivates Us

Principles

Life and Work

Essentialism

The Disciplined Pursuit of Less

This product is categorised by