Modern Money Mechanics
Publisher: Federal Reserve 2008
Number of pages: 50
The purpose of this booklet is to describe the basic process of money creation in a 'fractional reserve' banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System - the central bank of the United States.
Download or read it online for free here:
by Dieter Gerdesmeier - Bookboon
This book attempts to inform the reader about the analytical background and institutional setting of euro area monetary policy. The theory and practice of monetary policy are explained in detail and illustrated by a number of real world examples.
by Philipp Bagus - Ludwig von Mises Institute
Professor Bagus explains the background to the idea of European unity and its heritage of sound money. He explains that the Euro is not what the older liberals had hoped for but instead is a politically managed money that is destined for failure.
by Joseph T. Salerno - Ludwig von Mises Institute
Salerno uses the Mises/Rothbard theory of money to reinterpret historical episodes, reevaluate the history of thought, closely examine the Federal Reserve policy, and clarify the relationship between the state and the central bank.
by Donald D. Hester, James Tobin - John Wiley & Sons
The seven essays in the monograph 'Risk Aversion and Portfolio Choice' have both normative applications, as pieces of advice to investors, and positive implications, as descriptions of the economy. They are partly theoretical and partly empirical.