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En este artículo Lauchlin Currie aclara la teoría macroeconómica de los “rendimientos crecientes” de Allyn Young, quien tanto influyó en sus propuestas de política para Colombia. Esta teoría se deriva del énfasis de Adam Smith en que la competencia y la movilidad amplían el tamaño...
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Presents a paper by Lauchlin Currie on the stabilization of purchasing power through the use of public credit which was originally delivered at the American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table on December 30, 1936.
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Presents Lauchlin Currie' views on the monetary aspects of the excess reserves problem which he gave at a board meeting on May 18, 1936.
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Presents Lauchlin Currie's views on public spending as a means to recovery which originally appeared in a memorandum of April 6, 1936.
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Looks at the excess reserves of 1937 in the USA, which were well over $2 billion. Discusses what criterion can be used to determine the adequacy or excessiveness of the volume of money and what the prospects would be for further expansion if no action were taken. Concludes that on balance,...
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Presents the conclusion of Lauclin Currie's PhD thesis on banking assets and banking theory.
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Presents a letter written by Lauchlin Currie in 1934 to the then President of the USA Roosevelt, praising his monetary policy and also offering advice.
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