L. Albert Hahn published the first edition of the 'Economic Theory of Bank Credit' in 1920 and a radically revised third edition in 1930. 'Economic Theory of Bank Credit' is a clear exposition of a theory of credit and stands in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell....

This paper uses the occasion of the twenty-fifth anniversary of Basil Moore's book, Horizontalists and Verticalists, to reassess the theory of endogenous money. The paper distinguishes between horizontalists, verticalists, and structuralists. It argues Moore's horizontalist representation of...