Elgin Groseclose

Articles

Roosevelt’s 1933 Gold Theft and Default

04/05/2023 Mises Wire Elgin Groseclose

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.

The Great Paper-Money Experiment

02/20/2021 Mises Daily Elgin Groseclose

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.

Publications

Money and Man

04/21/1934 Elgin Groseclose

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

America’s Money Machine: The Story of the Federal Reserve

05/27/1980 Elgin Groseclose

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

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