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Review of The Theory of Monetary Institutions, by Lawrence H. White

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Tags Money and BanksMoney and Banking

07/30/2014Robert Batemarco
 

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.

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