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A History of Money and Banking in the United States (Murray N. Rothbard)
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#Austrianmonetarytheory #Colonialpapercurrency #Specieredemption #FederalReserveorigins #Goldexchangestandard #AHistoryofMoneyandBankingintheUnitedStates
A History of Money and Banking in the United States: The Colonial Era to World War II is a posthumously published work by economist Murray N. Rothbard, assembled from manuscripts and issued by the Ludwig von Mises Institute in 2002. It is a long-form work of economic history rather than a conventional textbook survey. Rothbard follows American monetary institutions from colonial paper issues and specie shortages through nineteenth-century banking controversies, the creation of the Federal Reserve, the interwar gold-exchange system, and the New Deal period. His organizing framework is Austrian economics, which stresses monetary calculation, the limits of credit expansion, and the disruptive effects of political control over money. The book argues that inflation, privileged banking arrangements, suspensions of redemption, and central-bank policy were not incidental defects but recurring sources of instability. Its purpose is both historical and interpretive: to reconstruct institutional change while contesting accounts that portray greater federal monetary management as an uncomplicated advance. Readers should therefore approach it as a rigorously argued, explicitly libertarian revision of United States monetary history.
- Amazon USA Store: https://www.amazon.com/dp/B01BE1W5GA?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/A-History-of-Money-and-Banking-in-the-United-States-Murray-N-Rothbard.html
- Apple Books: https://books.apple.com/us/audiobook/a-history-of-money-and-banking-in-the/id1080747580?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree
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- Read more: https://english.9natree.com/read/B01BE1W5GA/
#Austrianmonetarytheory #Colonialpapercurrency #Specieredemption #FederalReserveorigins #Goldexchangestandard #AHistoryofMoneyandBankingintheUnitedStates
A History of Money and Banking in the United States: The Colonial Era to World War II is a posthumously published work by economist Murray N. Rothbard, assembled from manuscripts and issued by the Ludwig von Mises Institute in 2002. It is a long-form work of economic history rather than a conventional textbook survey. Rothbard follows American monetary institutions from colonial paper issues and specie shortages through nineteenth-century banking controversies, the creation of the Federal Reserve, the interwar gold-exchange system, and the New Deal period. His organizing framework is Austrian economics, which stresses monetary calculation, the limits of credit expansion, and the disruptive effects of political control over money. The book argues that inflation, privileged banking arrangements, suspensions of redemption, and central-bank policy were not incidental defects but recurring sources of instability. Its purpose is both historical and interpretive: to reconstruct institutional change while contesting accounts that portray greater federal monetary management as an uncomplicated advance. Readers should therefore approach it as a rigorously argued, explicitly libertarian revision of United States monetary history.
