The Money Interest and the Public Interest : American Monetary Thought, 1920-1970.

Cover -- Title Page -- Copyright -- Dedication -- Contents -- Preface -- Acknowledgments -- Introduction -- Part I. Allyn Abbott Young (1876-1929) -- Chapter 1. Intellectual Formation -- Richard T. Ely and English Political Economy -- John Dewey and the Logic of Scientific Inquiry -- Economic Theory and Statistics -- Chapter 2. Early Monetary Ideas -- J. Laurence Laughlin versus the Quantity Theory -- Irving Fisher and the Quantity Theory -- Chapter 3. War and Reconstruction -- War Finance and Monetary Disorder -- The Monetary Standard -- Why Gold? -- Chapter 4. Monetary Management in the Twenties -- Index Numbers and Price Stabilization -- Production and Speculation -- Ralph Hawtrey and the Control of Business Cycles -- The Limits of Monetary Policy -- Part II. Alvin Harvey Hansen (1887-1975) -- Chapter 5. Intellectual Formation -- Money and Technology -- Continental Business Cycle Theory -- Money, Income, and Albert Aftalion -- Chapter 6. Depression -- Money and Depression -- The Depression as a Business Cycle -- Hansen's Monetary Thought -- Social Control versus Laissez-Faire -- Chapter 7. Stagnation -- The New Frontier -- Big Government -- Money and Sound Finance -- Hansen and Keynes -- Chapter 8. The Golden Age -- The Making of American Keynesianism -- Keynesianism versus Institutionalism -- The New Economics and Money -- The Origin of Monetary Walrasianism -- Part III. Edward Stone Shaw (1908-1994) -- Chapter 9. Intellectual Formation -- John B. Canning and Ralph Hawtrey -- London, Robertson, and Keynes -- Money in a Theory of Banking -- Chapter 10. From Money to Finance -- Money in a Theory of Finance -- Finance and U.S. Economic Development -- A Theory for Policymakers -- A Theory for Academics -- Chapter 11. Financial Structure and Economic Development -- Financial Deepening -- A Theory for Policymakers -- A Theory for Academics.

Conclusion -- Notes -- Bibliography -- Index.

Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy through the ideas and lives of three prominent institutionalists--Allyn Young, Alvin Hansen, and Edward Shaw.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.