All Posts Tagged With: "lender of last resort"
The Great Depression According to Milton Friedman
The author extends special thanks to Lawrence H. White and Ivan Pongracic, Sr., for their helpful comments. Few events in U.S. history can rival the Great Depression for its impact. The period from 1929 to 1941 saw fundamental changes in the landscape of American politics and economics, including such monumental events as America ‘s going [...]
1Sep2007 | Ivan Pongracic Jr. | 77 comments | ContinuedThe Fed: The Inside Story of How the World’s Most Powerful Financial Institution Drives the Markets
Reviewed by Larry Schweikart Martin Mayer has been writing books on banking for years, and never lacks for a publisher. His books tend to ramble, however, and this one is no exception. Worse, they tend to reinforce erroneous notions about the supposed need for government intervention in financial markets and institutions. Mayer begins with a [...]
1Aug2002 | Martin Mayer | 0 comments | Continued-
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Creating Jobs versus Creating Value
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