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Benjamin Franklin and the birth of a paper money economy

Author

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  • Farley Grubb

Abstract

This publication, an essay based on a lecture presented at the Federal Reserve Bank of Philadelphia by Professor Farley Grubb of the University of Delaware, tells readers about Benjamin Franklin’s role in the debate about devising a system of paper money in the colonies and his monetary philosophy.

Suggested Citation

  • Farley Grubb, 2006. "Benjamin Franklin and the birth of a paper money economy," Monograph, Federal Reserve Bank of Philadelphia, number 2006bfatboapm.
  • Handle: RePEc:fip:fedpmo:2006bfatboapm
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    File URL: http://www.philadelphiafed.org/education/ben-franklin-and-paper-money-economy.pdf
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    Cited by:

    1. Farley Grubb, 2009. "Land Policy: Founding Choices and Outcomes, 1781-1802," NBER Working Papers 15028, National Bureau of Economic Research, Inc.
    2. Farley Grubb, 2012. "Chronic Specie Scarcity and Efficient Barter: The Problem of Maintaining an Outside Money Supply in British Colonial America ," Working Papers 12-08, University of Delaware, Department of Economics.
    3. Pavlina R. Tcherneva, 2008. "The Return of Fiscal Policy: Can the New Developments in the New Economic Consensus Be Reconciled with the Post-Keynesian View?," Economics Working Paper Archive wp_539, Levy Economics Institute.

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    Keywords

    Paper money;

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