An end to private banking: early New Deal proposals to alter the role of the federal government in credit allocation
In the 1930s, monetary reform proposals put forward by economists sought to avoid the socialization of lending by facing squarely the problem of distinguishing between money and credit. Had these proposals been fully implemented in place of the New Deal banking legislation, the role of the federal government in credit allocation might have been radically different. In this paper, these proposals will be evaluated and the reasons they were not adopted will be examined. Lessons can then be drawn for policy changes today that would both enhance monetary control and reduce the demands for more federal government credit allocation. Copyright 1994 by Ohio State University Press.
(This abstract was borrowed from another version of this item.)
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): (1994)
Issue (Month): ()
|Contact details of provider:|| Postal: 1455 East 6th St., Cleveland OH 44114|
Web page: http://www.clevelandfed.org/
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:fip:fedcpr:y:1994:p:552-571. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (4D Library)
If references are entirely missing, you can add them using this form.