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The Value of Money
Publication
Author: Benjamin Anderson
Online Publish Date:
Category: Money and Banks
Benjamin Anderson, American Austrian, was among a handful of economists, led by Ludwig von Mises in his pioneering work The Theory of Money and Credit in 1912, who set out to integrate monetary theory into a general theory of value. Anderson devoted a major portion of his great book The Value of Money , published in 1917, to a refutation of the
Economics and the Public Welfare
Publication
Author: Benjamin Anderson
Online Publish Date:
Category: U.S. Economy, U.S. History
Here is a contemporaneous account of the economic history of the first half of the 20th century, by an American adherent of the Austrian School. Covered in these pages is the inflation of World War I and following, the 1920s boom, and the onset and calamity of the Great Depression. Anderson was not only a trained economist but an accomplished
Cheap Money, Gold, and the Federal Reserve Bank Policy
Articles of Interest
Author: Benjamin Anderson
Online Publish Date:
Category: Gold Standard, Money and Banking, The Fed, Money and Banks
The present glut in the money markets, with excessively cheap money and its attendant  evils and dangers to the credit structure of the country, is due to the concurrence of three  main causes:  The unprecedented flow of gold to the United States. The current business reaction. Excessive Federal Reserve Bank earning assets, due to a feeling on the