The money supply in historical perspective -- Beyond monetary policy -- The development of a specie standard -- The U.S. banks and antebellum panics -- Greenbacks, gold, and silver purchases -- The national banking system -- Reform proposals and legislation -- The early Federal Reserve -- The...

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing...