- Downloads:
- Money and Man_2.pdf
Elgin Groseclose presents this history of people’s experiences with money through the centuries.
I would propose no greater service to the profession and to the country than that monetary economists begin a revision of their concepts of money, to draw a distinction between the attributes of money and its substance and to give recognition to the mysterious and awesome force of moral integrity in its management.
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Meet the Author
Elgin Groseclose
View Elgin Groseclose bio and works
Elgin Earl Groseclose (1899–1983) was an American economist, a statesman, and the author of America’s Money Machine.
April 5 is the 90th anniversary of Roosevelt's order outlawing private ownership of gold in America. This was part of an even larger plan to revolutionize the American monetary system.
By 1715, the manipulation of the currency, the increase in public debt, and the mismanagement of state finances had left France in poverty and chaos. Such was the state of affairs when John Law appeared in Paris.
Elgin Groseclose , an eminent monetary economist in the 20th-century , rips the roof off the Federal Reserve in this wonderful history that takes us from the Fed’s founding to the 1960s . He shows that the gap between the promise and the reality is
References
Norman, OK: University of Oklahoma Press, 1934.
