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
Bank Management and Portfolio Behaviorby 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.
(18959 views)
Money, Bank Credit, and Economic Cyclesby 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.
(19785 views)
Free Banking: Theory, History and a Laissez-Faire Modelby Larry J. Sechrest - Mises Institute
Author argues that the debate over central and free banking is the most important economic issue of the day. He builds a model of central vs. free banking and shows that a competitive system would be self correcting where a centralized one is not.
(23207 views)
The Case Against the Fedby Murray N. Rothbard - Ludwig Von Mises Institute
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.
(17726 views)