Banking and the Business Cycle
by C. A. Phillips
Publisher: The MacMillan Company 1937
ISBN/ASIN: B000XG8SSC
Number of pages: 287
Description:
This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time, and concludes that the theory "here developed may be called a 'central banking' explanation of the depression. The depth and duration of the depression are held to be the ineluctable consequences of the preceding boom.
Download or read it online for free here:
Download link
(13MB, PDF)
Similar books

by Jesús Huerta de Soto - Ludwig von Mises Institute
Author has made history with this exciting treatise that the market can fully manage the money and banking sector, without inflation, without business cycles, and without the economic instability that has characterized the age of government control.
(12787 views)

by Robert Harrison Howe - C. H. Kerr & co
This book does not contain all that might be written on the subject of money. It is published with the sole purpose of stimulating inquiry into the subject of which it treats and which has been nearly neglected by the leaders of advanced thought.
(10882 views)

by Donald D. Hester, James L. Pierce - Yale University Press
The purpose of this monograph is to provide a microeconometric analysis of portfolio behavior and earnings by commercial and mutual savings banks. The results will be of value in constructing an aggregate model for the analysis of systems banks.
(12166 views)

by Forest E. Myers - Federal Reserve Bank of Kansas City
The goal of this book is to provide directors, especially non-management directors who may have little knowledge about banks and their operation, with basic information to help them be intelligent questioners of risk taking and risk management.
(16817 views)