The Money Interest and the Public Interest : : American Monetary Thought, 1920-1970 / / Perry Mehrling.
The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian econ...
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Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2010] ©1998 |
Year of Publication: | 2010 |
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Series: | Harvard Economic Studies
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Mehrling, Perry, author. aut http://id.loc.gov/vocabulary/relators/aut The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / Perry Mehrling. Cambridge, MA : Harvard University Press, [2010] ©1998 1 online resource (288 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Harvard Economic Studies Frontmatter -- Contents -- Preface -- Acknowledgments -- Introduction -- I ALLYN ABBOTT YOUNG (1876–1929) -- 1 Intellectual Formation -- 2 Early Monetary Ideas -- 3 War and Reconstruction -- 4 Monetary Management in the Twenties -- II ALVIN HARVEY HANSEN (1887–1975) -- 5 Intellectual Formation -- 6 Depression -- 7 Stagnation -- 8 The Golden Age -- III EDWARD STONE SHAW (1908–1994) -- 9 Intellectual Formation -- 10 From Money to Finance -- 11 Financial Structure and Economic Development -- Conclusion -- Notes -- Bibliography -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian economics transformed the style of economic explanation. The two lines of change reinforced one another, as monetary events posed new questions that required new conceptual approaches, and as monetary ideas suggested possible directions for monetary policy. Against this background of change, Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy, a question associated generally with the Progressive tradition and its legacy, and more particularly with the institutionalist tradition in American economic thought. In this story, which he tells through the ideas and lives of three prominent institutionalists, Allyn Young, Alvin Hansen, and Edward Shaw, progress is measured not by the swings of fashion between two polar traditions of monetary thought--quantity theory and anti-quantity theory--but rather by the success with which each succeeding generation finds its footing on the shifting middle ground between the two extremes. More than a simple history of monetary doctrine, the book makes a case for the continuing influence of a distinctly American tradition on the evolution of economic thought in general. In this tradition, monetary and financial institutions are shaped by historical forces and adapt to the changing needs of the economy. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 28. Feb 2023) Monetary policy United States History. BUSINESS & ECONOMICS / Economics / General. bisacsh https://doi.org/10.4159/9780674059610?locatt=mode:legacy https://www.degruyter.com/isbn/9780674059610 Cover https://www.degruyter.com/document/cover/isbn/9780674059610/original |
language |
English |
format |
eBook |
author |
Mehrling, Perry, Mehrling, Perry, |
spellingShingle |
Mehrling, Perry, Mehrling, Perry, The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / Harvard Economic Studies Frontmatter -- Contents -- Preface -- Acknowledgments -- Introduction -- I ALLYN ABBOTT YOUNG (1876–1929) -- 1 Intellectual Formation -- 2 Early Monetary Ideas -- 3 War and Reconstruction -- 4 Monetary Management in the Twenties -- II ALVIN HARVEY HANSEN (1887–1975) -- 5 Intellectual Formation -- 6 Depression -- 7 Stagnation -- 8 The Golden Age -- III EDWARD STONE SHAW (1908–1994) -- 9 Intellectual Formation -- 10 From Money to Finance -- 11 Financial Structure and Economic Development -- Conclusion -- Notes -- Bibliography -- Index |
author_facet |
Mehrling, Perry, Mehrling, Perry, |
author_variant |
p m pm p m pm |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Mehrling, Perry, |
title |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / |
title_sub |
American Monetary Thought, 1920-1970 / |
title_full |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / Perry Mehrling. |
title_fullStr |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / Perry Mehrling. |
title_full_unstemmed |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / Perry Mehrling. |
title_auth |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / |
title_alt |
Frontmatter -- Contents -- Preface -- Acknowledgments -- Introduction -- I ALLYN ABBOTT YOUNG (1876–1929) -- 1 Intellectual Formation -- 2 Early Monetary Ideas -- 3 War and Reconstruction -- 4 Monetary Management in the Twenties -- II ALVIN HARVEY HANSEN (1887–1975) -- 5 Intellectual Formation -- 6 Depression -- 7 Stagnation -- 8 The Golden Age -- III EDWARD STONE SHAW (1908–1994) -- 9 Intellectual Formation -- 10 From Money to Finance -- 11 Financial Structure and Economic Development -- Conclusion -- Notes -- Bibliography -- Index |
title_new |
The Money Interest and the Public Interest : |
title_sort |
the money interest and the public interest : american monetary thought, 1920-1970 / |
series |
Harvard Economic Studies |
series2 |
Harvard Economic Studies |
publisher |
Harvard University Press, |
publishDate |
2010 |
physical |
1 online resource (288 p.) |
contents |
Frontmatter -- Contents -- Preface -- Acknowledgments -- Introduction -- I ALLYN ABBOTT YOUNG (1876–1929) -- 1 Intellectual Formation -- 2 Early Monetary Ideas -- 3 War and Reconstruction -- 4 Monetary Management in the Twenties -- II ALVIN HARVEY HANSEN (1887–1975) -- 5 Intellectual Formation -- 6 Depression -- 7 Stagnation -- 8 The Golden Age -- III EDWARD STONE SHAW (1908–1994) -- 9 Intellectual Formation -- 10 From Money to Finance -- 11 Financial Structure and Economic Development -- Conclusion -- Notes -- Bibliography -- Index |
isbn |
9780674059610 |
callnumber-first |
H - Social Science |
callnumber-subject |
HG - Finance |
callnumber-label |
HG539 |
callnumber-sort |
HG 3539 M44 41997EB |
geographic_facet |
United States |
url |
https://doi.org/10.4159/9780674059610?locatt=mode:legacy https://www.degruyter.com/isbn/9780674059610 https://www.degruyter.com/document/cover/isbn/9780674059610/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.4/973 |
dewey-sort |
3332.4 3973 |
dewey-raw |
332.4/973 |
dewey-search |
332.4/973 |
doi_str_mv |
10.4159/9780674059610?locatt=mode:legacy |
work_keys_str_mv |
AT mehrlingperry themoneyinterestandthepublicinterestamericanmonetarythought19201970 AT mehrlingperry moneyinterestandthepublicinterestamericanmonetarythought19201970 |
status_str |
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ids_txt_mv |
(DE-B1597)644682 |
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is_hierarchy_title |
The Money Interest and the Public Interest : American Monetary Thought, 1920-1970 / |
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1770176210408570880 |
fullrecord |
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