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Competition and Monopoly in the Federal Reserve System, 1914–1951
- A Microeconomic Approach to Monetary History
part of the Studies in Macroeconomic History series
- Binding:
- Paperback
- Pages:
- 148
- Published:
- November 2, 2005
- Dimensions:
- 153x228x4 mm.
- Weight:
- 237 g.
Delivery:
1-2 weeks
Expected delivery: December 7, 2024
Description of Competition and Monopoly in the Federal Reserve System, 1914–1951
In this book Mark Toma explores the workings of the early Federal Reserve System as a basis for challenging the conventional wisdom that competition among central banks in a monetary union results in an over issue problem. The book emphasizes the evolution of the Federal Reserve from a competitive to a monopolistic structure.
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