Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries by Hixson, William F.

Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries (Hardcover) (ISBN-13: 9780275946074)

Vendor: William F. Hixson
Product type: Books
Format: Hardcover
$85.00
$85.00
$85.00
Subtotal: $85.00
Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries by Hixson, William F.

Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries

$85.00
Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries by Hixson, William F.

Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries

$85.00
Format: Hardcover
Description
Description
x
In this sure-to-be-controversial history of money and banking, Hixson examines the historical and resulting present-day deficiencies of the U.S. monetary and banking system. His study reveals that in a whole series of historical cases over the eighteenth and nineteenth centuries faulty economic principles were applied to the developing system. His bold conclusions include suggestions that: commercial banks should be required to maintain 100 percent reserves on all demand-deposit accounts and thus be denied the present privilege of creating credit-money; and the federal government should be the sole creator of money in the economy. As in his previous book, Hixson challenges generally accepted historical and economic wisdom, making this a significant contribution to the literature.

Author: William F. Hixson
ISBN-10: 027594607X
ISBN-13: 9780275946074
Publisher: Praeger
Language: English
Published: 07/28/1993
Pages: 208
Format: Hardcover
Weight: 1.04lbs
Size: 9.21h x 6.14w x 0.50d
By William F. Hixson
By William F. Hixson
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WILLIAM F. HIXSON is a retired businessman and engineer, as well as an amateur economist, who has published articles in the Eastern Economic Journal, The History of Economics Society Bulletin, and Economies et Societes./e He is the author of A Matter of Interest: Reexamining Money, Debt, and Real Economic Growth (Praeger, 1991).

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