Quarterly Journal of Austrian Economics

Review of The Theory of Monetary Institutions, by Lawrence H. White

The Quarterly Journal of Austrian Economics
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Volume 4, No. 2 (Summer 2001)

 

Austrian economist Lawrence White, formerly of the University of Georgia, has given us in The Theory of Monetary Institutions, a book written in mainstream mode yet embellished with Austrian insights. Based on lectures given by Professor White in the courses he teaches, and furnished with thought-provoking questions at the end of each chapter, the book is intended for classroom use—if not as a text, then at least as a supplement for graduate and  upper-level undergraduate courses in monetary economics. A recurring theme of this book is that most of the actions governments everywhere have taken to influence monetary affairs are devoid of economic justification.

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Batemarco, Robert. Review of The Theory of Monetary Institutions, by Lawrence H. White. The Quarterly Journal of Austrian Economics 4, No. 2 (Summer 2001): 91–93.

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