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ECON 496 Spring 2006 Independent Study: Monetary Theory and U.S. Banking History
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Frederic Mishkin, Economics of Money, Banking, and Financial Markets, 5th edition, Addison-Wesley, 1999. |
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J. Huston McCulloch, Money and Inflation: A Monetarist Approach, 2nd edition, Academic Press, 1982. |
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. Richard H. Timberlake, Monetary Policy in the United States: An Intellectual and Institutional History, University of Chicago Press, 1994. |
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Murray N. Rothbard, The Case Against the Fed, Mises Institute, 1994. |
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Murray N. Rothbard, A History of Money and Banking in the United States: The Colonial Era to World War II, Mises Institute, 2002. |
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Readings (click to expand)
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Hayek, "The Use of Knowledge in Society"
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Roberts, "A Marvel of Cooperation: How Order Emerges without a Conscious Planner"
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Sanderson, "The Price is Right"
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Roberts, "The Reality of Markets"
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Brown, "Constitution or Competition: Alternative Views on Monetary Reform"
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Friedman, "Inflation and Unemployment"
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Lucas, "Monetary Neutrality"
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Rothbard, "A History of Money and Banking in the United States: The Colonial Era to World War II"
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Rothbard, "The Mystery of Banking", pp. 193-249
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Garrison, "Capital-Based Macroeconomics" (ch. 3 of Time and Money)
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Garrison, "From Keynes to Hayek: The Marvel of Thriving Macroeconomies"
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Handouts
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Last Reviewed: Monday, April 21, 2008