Editorial Reviews
Review
'The book does an excellent job in providing a coherent, detailed and readable account of the forces and personalities that have shaped the development of central banking in Britain and the United States.' Central Banking
Book Description
Central banks in Great Britain and the United States arose early in the financial revolution. The Bank of England was created in 1694 while the first Banks of the United States appeared in 1791 1811 and 1816 36, and were followed by the Independent Treasury, 1846 1914. These institutions, together with the Suffolk Bank and the New York Clearing House, exercised important central banking function before the creation of the Federal Reserve System in 1913. Significant monetary changes in the lives of these British and American institutions are examined within a framework that deals with the knowledge and behavior of central bankers and their interactions with economists and politicians. Central Bankers' behavior has shown considerable continuity in the influence of incentives and their interest in the stability of the financial markets.
A History of Central Banking in Great Britain and the United States (Studies in Macroeconomic History)
A History of Central Banking in Great Britain and the United States (Studies in Macroeconomic History),John H. Wood,Michael D. Bordo,Forrest Capie,Angela Redish,Cambridge University Press,0521850134,Bank of England,Banks & Banking,Banks and banking, Central,Business & Economics,Business / Economics / Finance,Business/Economics,Economic History,Finance,Great Britain,History,Monetary policy,Money & Monetary Policy,United States,Banking,Business & Economics / Finance
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