Studies of Portfolio Behavior
by Donald D. Hester, James Tobin
Publisher: John Wiley & Sons 1967
Number of pages: 268
This monograph is institutionally oriented -- the six essays draw on some theoretical developments and seek to apply them to the particular circumstances and objectives of various kinds of economic units: households, nonfinancial corporations, banks and life insurance companies.
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The silver question is an important and controversial one. The purpose of this book is to present in one volume the background and principal developments in the use of silver as money since the beginning of the nineteenth century.
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The author presents the most powerful case against the American central bank ever written. This work begins with a mini-treatment of money and banking theory, and then plunges right in with the real history of the Federal Reserve System.
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