This short book presents a summary review of North Carolina's monetary history during the colonial period, the Revolution, and the Confederation. The author demonstrates a thorough understanding of the wide range of factors and considerations that shaped monetary policy during the period and the consequences thereof. An ongoing theme is the limited set of fiscal options available under early economic conditions. Also explored are the colonists' efforts to cope with shortage of currency and coins by issuing paper currency, notes, and other forms of credit to transact local day-to-day business and to finance provincial and state government.
Money and Monetary Problems in Early North Carolina
Although it is obvious that politics, money, and economic conditions were closely interrelated in the twenty years before the Revolution, this is the first account to bring together these strands of early American experience.
Introduces monetary history: money as coin, the development of credit and banking, and inconvertible paper money.
Monetary Expansion in the Confederacy
See Henry Adams , The Writings of Albert Gallatin ( Philadelphia : Lippincott , 1879 ) , I , 80. Thomas Leiper , the tobacconist , was dissatisfied with the accommodation he received at the Bank of the United States and transferred his ...
This is a completely revised edition of the well-known monetary textbook. The book discusses the latest analytical developments in monetary economic theory in a comprehensible and practical policy- orientated form...
In his chapters on the genesis of the Federal Reserve, Timberlake suggests that bankers wanted a central bank “that would subsidize some of their risks by standing ready to discount their commercial paper.
Is Weak Money Growth Strangling Economic Recovery?: Hearing Before the Subcommittee on Domestic Monetary Policy of the Committee on Banking,...
Putting the matters back into money matters is David Laidler's intent in this collection of ten essays on the role of monetary institutions in the development of monetary theory and...
In contrast to the so-called 'real' theories of business cycles and growth prevalent in contemporary economics, many important figures in the history of economic thought instinctively focused on monetary factors...