Banking Reform and the Federal Reserve, 1863-1923

Download or read book Banking Reform and the Federal Reserve, 1863-1923 written by Robert Craig West and published by Cornell University Press. This book was released on 2019-06-30 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering new perspectives on the early years of the Federal Reserve system, this book evaluates the banking reform movement and its results. Professor West analyzes the system's first decade in the context of the thought of the period and of what preceded the Federal Reserve Act of 1913. Neither the Act itself nor the actions of the system it created, he maintains, can be understood without knowledge of the banking reform attempts. In this clearly written account of the American central bank, the author demonstrates the relationship between the evolution of monetary ideas and the evolution of an organizational structure. His book will be of great value to students and scholars of economic history, money and banking, institutional economics, and American history.