Books by R. G. Hawtrey
“What Hawtrey is doing is looking at actual banking practices in late 19th and early 20th century Britain and talking about the way bankers expand and contract credit by creating bank loans and liquidity. Issuing and paying off loans is the creation and destruction of money, which doesn’t happen at the central bank—although the central bank plays a very important role today.” Read more...
Samuel A. Chambers, Political Scientist
Interviews where books by R. G. Hawtrey were recommended
-
1
Currency and Credit
by R. G. Hawtrey -
2
Credit and State Theories of Money: The Contributions of A. Mitchell Innes
by L. Randall Wray -
3
The Nature of Money
by Geoffrey Ingham -
4
History of Economic Analysis
by Joseph A. Schumpeter -
5
The New Lombard Street: How the Fed Became the Dealer of Last Resort
by Perry Mehrling
The best books on Money, recommended by Samuel A. Chambers
The best books on Money, recommended by Samuel A. Chambers
Economists have offered two contrasting explanations of what money is and what it is for. For a long time, its function as a commodity, a store of value and a medium of exchange dominated economics textbooks. But, as Professor Samuel A. Chambers explains, understanding money as something closer to credit is more convincing and supported by other social sciences and what we’ve learned from the 2008 financial crisis.
