Wherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows.

This book deals with the origin and functions of money and banking, emphasizing the role both play in the promotion of economic order. Developing the insights o

“These essays . . . bring great learning and . . . intelligence to bear upon economic and social issues of central importance to our era.” —Henry Hazlitt,

Exploring in depth the institutions that underpin the global economy, this study provides invaluable insights into why a minimum economic order has endured for

Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation