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Journal Article
Urban legends
Clement, Douglas (2004-09)
For centuries, economists have struggled to explain why people and businesses gather in cities.
The Region , Volume 18 , Issue Sep , Pages 10-13, 54-59

Journal Article
Review essay on an economist's perspective on history. Institutions, Institutional Change, and Economic Performance by Douglass C. North, 1990
Krikelas, Andrew C. (1995-01)
Douglass North earned a share of the 1993 Nobel prize for economics for two decades of research that culminated in the development of an innovative framework for analyzing economic history. This review essay discusses the book that most comprehensively presents North's paradigm, which characterizes history as the record of an evolving game in which institutions, organizations, and individuals function as the rules, teams, and players. Through examples, the reviewer illustrates how North's game theoretic paradigm can serve not only as a tool for analyzing historical events but also as a ...
Economic Review , Volume 80 , Issue Jan , Pages 28-32

Journal Article
Back to the future with Keynes
Ohanian, Lee E. (2008-07)
This article analyzes Keynes's "Economic Possibilities for our Grandchildren"- an essay presenting Keynes's views about economic growth into the 21st century - from the perspective of modern growth theory. I find that the implicit theoretical framework used by Keynes to form his expectations about the 21st-century world economy is remarkably close to modern growth models, featuring a stable steady-state growth path driven by technological progress. On the other hand, Keynes's forecast of employment in the 21st century is far off the mark, reflecting a mistaken view that the income ...
Quarterly Review , Issue Jul , Pages 10-16

Journal Article
Wildcat banking, banking panics, and free banking in the United States
Dwyer, Gerald P. (1996-12)
Banks in the United States issued currency with no oversight of any kind by the federal goverment from 1837 to 1865. Many of these banks were part of "free banking" systems with no discretionary approval of entry into banking, and these banks issued notes that were used for payments in transactions just as Federal Reserve notes are today. There was no central bank or goverment insurance, and the ultimate guarantee of the value of a bank's notes was the value of the bank's assets. As the author indicates, these banknotes have similarities to some forms of electronic money. ; Free banking in ...
Economic Review , Volume 81 , Issue Dec , Pages 1-20

Speech
Remarks on receipt of the Truman Medal for Economic Policy: before the Truman Medal Award and Economics Conference, Kansas City, Missouri, October 26, 2005
Greenspan, Alan (2005)
Speech , Paper 137

Conference Paper
Promising developments in technology transfer and intellectual property protection in Mexico
Einstein, Edwin F. (1991)
Proceedings

Journal Article
Economic history : The Queen's private Navy
Price, David A. (2010-10)
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q4/economic_history_weblinks.cfm
Econ Focus , Volume 14 , Issue 4Q , Pages 32-34

Journal Article
The state of modern economics : Unsteady state
Campbell, Doug (2008-04)
The ongoing evolution of mainstream economics
Econ Focus , Volume 12 , Issue Spr/Sum , Pages 12-16

Working Paper
A welfare comparison of pre- and post-WWII business cycles: some implications for the role of postwar macroeconomic policies
Chatterjee, Satyajit; Corbae, Dean (1999)
The authors compute the potential economic benefits that would accrue to a typical pre-WWII era U.S. worker from the post-WWII macroeconomic policy regime. The authors assume that workers face undiversifiable income risk but can self-insure by saving in nominal assets. The worker's average utility is computed for two eras: pre-WWII (1875-1941) and post-WWII. In the pre-WWII era, the worker endured business cycles that were large in amplitude and quite volatile, a procyclical aggregate price level with large cyclical amplitude, a high average unemployment rate, and virtually no trend in the ...
Working Papers , Paper 99-2

Journal Article
Claire Strom on James J. Hill's legacy and influence on the northern Great Plains
Fettig, David (2007-03)
Interview with Claire Strom, author of Profiting From the Plains.
Fedgazette , Volume 19 , Issue Mar , Pages 14-16

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