Quarterly Journal of Austrian Economics
Review of The Theory of Monetary Institutions, by Lawrence H. White
Volume 4, No. 2 (Summer 2001)
Austrian economist Lawrence White, formerly of the University of Georgia, has given us in The Theory of Monetary Institutions, a book written in mainstream mode yet embellished with Austrian insights. Based on lectures given by Professor White in the courses he teaches, and furnished with thought-provoking questions at the end of each chapter, the book is intended for classroom use—if not as a text, then at least as a supplement for graduate and upper-level undergraduate courses in monetary economics. A recurring theme of this book is that most of the actions governments everywhere have taken to influence monetary affairs are devoid of economic justification.
Cite This Article
Batemarco, Robert. Review of The Theory of Monetary Institutions, by Lawrence H. White. The Quarterly Journal of Austrian Economics 4, No. 2 (Summer 2001): 91–93.