The Money Interest and the Public Interest American Monetary Thought 19201970 Harvard Economic Studies American Monetary Thought 192070 eBook Perry Mehrling PDF The%20Money%20Interest%20and%20the%20Public%20Interest%20American%20Monetary%20Thought%2019201970%20Harvard%20Economic%20Studies%20American%20Monetary%20Thought%20192070%20eBook%20Perry%20Mehrling
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PDF The Money Interest and the Public Interest American Monetary Thought 19201970 Harvard Economic Studies American Monetary Thought 192070 eBook Perry Mehrling OZZ
The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy.
Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes.
More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy.
ebook,Perry Mehrling,The Money Interest and the Public Interest American Monetary Thought, 1920-1970 (Harvard Economic Studies) American Monetary Thought, 1920-70,Harvard University Press,Money Monetary Policy,20th century,Business Economics,Business Economics / Economics / General,Business Economics / Money Monetary Policy,Business Economics/Economics - General,Business / Economics / Finance,Business/Economics,Economic history,Economic theory philosophy,Economics,Economics - General,Economics Professional General,HISTORY / United States / General,History,History/United States - General,Inter-war period c 1919 to c 1939,Later 20th century c 1950 to c 1999,Monetary Policy,Monetary economics,Monetary policy - United States - History,Monetary policy;United States;History.,Money Monetary Policy,Political structures democracy,Public finance,USA,United States,United States - General,United States of America, USA,c 1918 to c 1939 (Inter-war period),c 1939 to c 1945 (including WW2),c 1940 to c 1949,c 1945 to c 2000 (Post-war period),Economics - General,HISTORY / United States / General,Business Economics / Money Monetary Policy,Business Economics / Economics / General,United States - General,History/United States - General,Business Economics/Economics - General,Business / Economics / Finance,Monetary Policy,History,United States,Business Economics,Business/Economics,Economics Professional General,Economic theory philosophy,Economics,Public finance
The Money Interest and the Public Interest American Monetary Thought 19201970 Harvard Economic Studies American Monetary Thought 192070 eBook Perry Mehrling Reviews :
The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy.
Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes.
More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy.
ebook,Perry Mehrling,The Money Interest and the Public Interest American Monetary Thought, 1920-1970 (Harvard Economic Studies) American Monetary Thought, 1920-70,Harvard University Press,Money Monetary Policy,20th century,Business Economics,Business Economics / Economics / General,Business Economics / Money Monetary Policy,Business Economics/Economics - General,Business / Economics / Finance,Business/Economics,Economic history,Economic theory philosophy,Economics,Economics - General,Economics Professional General,HISTORY / United States / General,History,History/United States - General,Inter-war period c 1919 to c 1939,Later 20th century c 1950 to c 1999,Monetary Policy,Monetary economics,Monetary policy - United States - History,Monetary policy;United States;History.,Money Monetary Policy,Political structures democracy,Public finance,USA,United States,United States - General,United States of America, USA,c 1918 to c 1939 (Inter-war period),c 1939 to c 1945 (including WW2),c 1940 to c 1949,c 1945 to c 2000 (Post-war period),Economics - General,HISTORY / United States / General,Business Economics / Money Monetary Policy,Business Economics / Economics / General,United States - General,History/United States - General,Business Economics/Economics - General,Business / Economics / Finance,Monetary Policy,History,United States,Business Economics,Business/Economics,Economics Professional General,Economic theory philosophy,Economics,Public finance
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