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CENTRAL BANKING AND THE FED：A PUBLIC CHOICE PERSPECTIVE
CENTRAL BANKING public choice Federal Reserve system
2008/12/5
This paper examines central banking in general and the Federal
Reserve system in particular from the perspective of the theory of
public choice. It is common to rationalize central banking as being
...
ACCOMMODATING CHANGES IN TFIE RELATIVE DEMAND FOR CURRENCY：FREE BANKING VS. CENTRAL BANKING
TFIE RELATIVE DEMAND CENTRAL BANKING FREE BANKING
2008/12/4
What is commonly called “money” can be held in either of two
forms. There are deposits, from which payments can be made by
check, and currency or hand-to-hand money. Even though the total
demand fo...
MELTZER’S HISTORY OF THE FEDERAL RESERVE AND THE EVOLUTION OF CENTRAL BANKING
FEDERAL RESERVE CENTRAL BANKING EVOLUTION
2008/11/9
The Great Monetary Paradox
Most conventional economists are very much aware of markets.
Indeed, a sound understanding of the function of markets and prices
is what distinguishes economists from eve...