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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

Journal Article
The early 1960s: a guide to the late 1970s
Bowsher, Norman N. (1977-10)
Review , Volume 59 , Issue Oct , Pages 12-18

Working Paper
Health Insurance and Hospital Supply: Evidence from 1950s Coal Country
http://fedora:8080/fcrepo/rest/objects/authors/; http://fedora:8080/fcrepo/rest/objects/authors/ (2020-04-17)
The United States government spends billions on public health insurance and has funded a number of programs to build health care facilities. However, the government runs these two types of programs separately: in different places, at different times, and for different populations. We explore whether access to both health insurance and hospitals can improve health outcomes and access to health care. We analyze a coal mining union health insurance program in 1950s Appalachia with and without a complementary hospital construction program. Our results show that the union insurance alone increased ...
Finance and Economics Discussion Series , Paper 2020-033

Journal Article
Origins of the Great Inflation
Meltzer, Allan H. (2005-03)
The Great Inflation from 1965 to 1984 is the climactic monetary event of the last part of the 20th century. This paper analyzes why it started and why it continued for many years. Like others, it attributes the start of inflation to analytic errors, particularly the widespread acceptance of the simple Keynesian model with its implication that monetary and fiscal policy should be coordinated. In practice, that meant that the Federal Reserve financed a large part of the fiscal deficit. This paper gives a large role to political decisionmaking. Continuation of inflation depended on political ...
Review , Volume 87 , Issue Mar , Pages 145-176

Journal Article
Milton Friedman and U.S. monetary history: 1961-2006
Nelson, Edward (2007-05)
This paper, using extensive archival material from several countries, brings together scattered information about Milton Friedman's views and predictions regarding U.S. monetary policy developments after 1960 (i.e., the period beyond that covered by his and Anna Schwartz's Monetary History of the United States). The author evaluates these interpretations and predictions in light of subsequent events.
Review , Volume 89 , Issue May , Pages 153-182

Conference Paper
Which marbles?: comments on \\"Losing our marbles in the new century? The great rebalancing in historical perspective\\" by C. M. Meissner and A. N. Taylor
Helliwell, John F. (2006)
Meissner and Taylor do a splendid job of making the history of the last great globalization relevant to the current great rebalancing. In their admirably understated way, they have argued that there is no credible evidence supporting the status quo, and have shown that the savings and investment patterns that mark today?s US current account deficit pose more problems for adjustment than were faced when the offshoot countries reversed their current account deficits so painlessly a century ago. I agree with them on both counts, and have learned much from their evidence and explanations.
Conference Series ; [Proceedings] , Volume 51

Journal Article
The early history of the box diagram
Humphrey, Thomas M. (1996-01)
Economic Quarterly , Issue Win , Pages 37-75

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
A decade of change: El Paso's economic transition of the 1990's
Cañas, Jesus (2002)
Business Frontier

Journal Article
Economic history : A tale f two Virginias : the economics of West Virginia's secession
Slivinski, Stephen (2009-10)
Related link(s): https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/fall/economic_history_weblinks.cfm
Econ Focus , Volume 13 , Issue Fall , Pages 30-33

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