Download or read book From New Deal Banking Reform to World War II Inflation written by Milton Friedman and published by Princeton University Press. This book was released on 2014-07-14 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This selection from the authors' A Monetary History of the United States, 1867-1960 (Princeton) describes the changes that were made in the banking structure and in the monetary standard following the great contraction of 1929 to 1933, the establishment of monetary policies after the New Deal period, and the development of inflation during World War II. Originally published in 1980. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book From New Deal Banking Reform to World War 11 Inflation written by Milton Friedman and published by . This book was released on 1980 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book From New Deal Banking Reform to World War 2 Inflation written by Milton Friedman and published by . This book was released on 1980 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
Download or read book Taxing Wars written by Sarah Kreps and published by Oxford University Press. This book was released on 2018-05-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why have the wars in Afghanistan and Iraq lasted longer than any others in American history? The conventional wisdom suggests that the move to an all-volunteer force and unmanned technologies such as drones have reduced the apparent burden of war so much that they have allowed these conflicts to continue almost unnoticed for years. Taxing Wars suggests that the burden in blood is just one side of the coin. The way Americans bear the burden in treasure has also changed, and these changes have both eroded accountability and contributed to the phenomenon of perpetual war. Sarah Kreps chronicles the entire history of how America has paid for its wars-and how its methods have changed. Early on, the United States imposed war taxes that both demanded sacrifices from all Americans and served as reminders of their participation. Indeed, thinkers from Immanuel Kant to Adam Smith argued that these reminders were exactly the reason why democracies tended to fight shorter and less costly wars. Bearing these burdens caused the populace to sue for peace when the costs mounted. Leaders in a democracy, responsive to their citizens, would have incentives to heed that opposition and bring wars to as expeditious an end as possible. Since the Korean War, the United States has increasingly moved away from war taxes. Instead, borrowing-and its comparatively less visible connection with the war-has become a permanent feature of contemporary wars. The move serves leaders well because reducing the apparent burden of war has helped mute public opposition and any decision-making constraints. But by masking accountability, however, the move away from war taxes undermines the basis for democratic restraint in wartime. Contemporary wars have become correspondingly longer and costlier as the public has become disconnected from those burdens. Given the trends identified in Taxing Wars, the recent past-epitomized by our lengthy wars in Afghanistan and Iraq-is likely to be prologue.
Download or read book The Great Contraction 1929 1933 written by Milton Friedman and published by Princeton University Press. This book was released on 2012-12-27 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.
Download or read book Panic of 1819 Reactions and Policies The written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2007 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Chicago Plan Revisited written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2012-08-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Download or read book Administrative Law written by Jamelle C Sharpe and published by Aspen Publishing. This book was released on 2024-02-28 with total page 1188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buy a new version of this textbook and receive access to the Connected eBook with Study Center on Casebook Connect, including lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes practice questions, an outline tool, and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Through thoughtful organization, careful material selection, and hundreds of practice questions, Administrative Law: A Lifecycle Approach, by Dean Jamelle C. Sharpe, trains students to thoroughly understand the law and theory underpinning the modern administrative state. At its core, administrative law is a process-driven course. Nevertheless, traditional casebooks are organized around legal concepts and doctrines rather than the basic stages of administrative decision-making. This casebook improves on the traditional model by following the major steps in the administrative process, thereby providing students with ample grounding in the law and practice governing it. In addition to featuring seminal administrative law decisions, Administrative Law: A Lifecycle Approach incorporates a variety of agency-oriented materials--government reports, charts, diagrams, orders--that give students a fuller sense of how the administrative state's organization and operations. These carefully edited materials model how skilled jurists and administrative lawyers go about their work, how legal problems with that work arise, and how administrative, judicial, and political processes have developed to address them. Critically, this casebook also provides numerous opportunities for guided review, synthesis, analysis, and application of salient legal concepts to facilitate student learning. Dozens of questions, as many or more than any other casebook on the market, place students in the position of lawyers tasked with navigating the administrative landscape. New to the Second Edition: Updated cases. Updated developments in regulatory policy and practices. Professors and students will benefit from: In comparison with casebooks that focus almost exclusively on appellate decisions from Article III courts, this book emphasizes the lifecycle of the administrative decision-making process to place the legal doctrines typically covered by the administrative law course in a clearer practical context. Examples of agency work product and descriptions of agency organization and operations are strategically placed throughout the book. The book also provides explanatory introductions to most topics and describes basic and recurring fact patterns that lawyers encounter when dealing with the issues of administrative law and policy. Most administrative law casebooks are comprised almost entirely of the most unusual or factually complex cases. While there is certainly value in asking students to wrestle with such cases, Administrative Law: A Lifecycle Approach substitutes them for more readily accessible materials of equal or greater instructional value. Where the inclusion of complex cases is unavoidable--as is the case with several seminal decisions-- this casebook provides introductory explanations to give students much needed guidance on their meaning and key concepts. Additionally, Administrative Law: A Lifecycle Approach includes other agency-oriented materials--reports, charts, diagrams, opinions--to give students a fuller, unmediated sense of administrative work product. Administrative Law: A Lifecycle Approach also takes a different approach to questions. The questions in traditional casebooks typically focus on issues that are tangential to the materials they follow, or pinpoint conceptual knots that academics spend their careers attempting to unravel. Inspired by Bloom's Taxonomy, the questions in Administrative Law: A Lifecycle Approach focus instead on testing, reinforcing, and extending students' understanding of the administrative law and concepts featured throughout the book. It accordingly provides numerous problems that prompt students to apply what they have learned and to produce the types of analysis expected of skilled administrative lawyers.
Download or read book The Marketing of World War II in the US 1939 1946 written by Albert N. Greco and published by Springer Nature. This book was released on 2020-06-10 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the late 1930s until December 7, 1941, isolationism and an antipathy toward war in Europe were strong political currents in the US. However, once the US entered World War II, the entire apparatus of the US government was mobilized to “market” the war to Americans who were incredulous and horrified about the attack at Pearl Harbor. Americans wanted immediate and detailed information from the US government and the nation’s media and entertainment companies about the recent military disasters. This book analyzes the complex relationships between the US government and the entire media and entertainment industries between 1939 and 1946. The US government realized in early 1942 that it needed to forge an alliance with the media and entertainment industries to create and maintain support for the war. The Office of War Information (OWI) was the US government agency acting as the liaison between Washington and the diverse media and entertainment industries; and all of them confronted a series of major issues and concerns to convince Americans to support the war effort. This book offers business historians an examination of the complex and sometimes tense relationships between the OWI and the radio, magazine, newspaper, and motion picture industries.
Download or read book The Year of Peril written by Tracy Campbell and published by Yale University Press. This book was released on 2020-05-19 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating chronicle of how the character of American society revealed itself under the duress of World War II "place(s) today's myriad social traumas and dislocations in perspective." -- George Will, Washington Post The Second World War exists in the American historical imagination as a time of unity and optimism. In 1942, however, after a series of defeats in the Pacific and the struggle to establish a beachhead on the European front, America seemed to be on the brink of defeat and was beginning to splinter from within. Exploring this precarious moment, Tracy Campbell paints a portrait of the deep social, economic, and political fault lines that pitted factions of citizens against each other in the post-Pearl Harbor era, even as the nation mobilized, government-aided industrial infrastructure blossomed, and parents sent their sons off to war. This captivating look at how American society responded to the greatest stress experienced since the Civil War reveals the various ways, both good and bad, that the trauma of 1942 forced Americans to redefine their relationship with democracy in ways that continue to affect us today.
Download or read book Historical Dictionary of the 1940s written by James Gilbert Ryan and published by Routledge. This book was released on 2015-03-26 with total page 910 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only available historical dictionary devoted exclusively to the 1940s, this book offers readers a ready-reference portrait of one of the twentieth century's most tumultuous decades. In nearly 600 concise entries, the volume quickly defines a historical figure, institution, or event, and then points readers to three sources that treat the subject in depth. In selecting topics for inclusion, the editors and authors offer a representative slice of life as contemporaneous Americans saw it - with coverage of people; movements; court cases; and economic, social, cultural, political, military, and technological changes. The book focuses chiefly on the United States, but places American lives and events firmly within a global context.
Download or read book Lessons from the New Deal written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Policy and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book A History of Big Recessions in the Long Twentieth Century written by Andrés Solimano and published by Cambridge University Press. This book was released on 2020-02-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth century.
Download or read book Promise to Pay Vol I written by Masood Rezvi and published by K. M. Rizvi (Independently Published). This book was released on 2018-12-22 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his latest book, ‘Promise to Pay (Vol. I): Banks, Battles, and Bellies,’ Masood Rezvi lays bare the threads connecting banks to the funding of wars and the hunger so prevalent in large pockets of the population around the world. Unlike his earlier book “Tightening Noose of Poverty” where he draws mainly on his personal experience in rural banking in India, the current title tells a story spanning over four centuries of wars, famines, and banking intertwined in a meshwork of socio-economics. The narrative is supported by meticulously collected data from a diverse cross-section of sources. He convincingly argues that ‘banks and their power to create money out of thin air’ lie at the heart of major global issues. In this first volume, he lays the foundation of a larger narrative presenting a mechanism, not so hidden in the plain sight, of how the global financial market has been fueling major crises that the world is grappling today. From the funding of the British Raj of the pre-World War India by the Bank of England to the rise of the Federal Reserve, the author presents a picture of a roller-coaster ride the banks have been taking the world on. He steers clear through the mind-boggling cliché of the mainstream narrative of the current financial world order and puts the reader in charge by putting things in perspective. History is where the mold of the present is created, and Masood Rezvi has done his job well in describing that mold to make sense of the present. While the book has all the technical details necessary to navigate through the labyrinths of the financial system, the author has been extremely careful to present them in a manner comprehensible for a non-expert reader. The experts, on the other hand, will find the narrative refreshing in its approach, technical precision, and conclusions. This book is another step towards dissecting the mechanism of the current financial system that has created a divide between the rich and the poor, a gap too wide to be filled with just the promises to pay.
