Freedom in Banking and the Founding of the Federal Reserve
This conference examined the establishment of the Federal Reserve System, focusing on the role of economic freedom, on the one hand, and government intervention, on the other, with an eye toward either enhancing or undermining financial order and stability.
From Liberty Fund
The Rationale of Central Banking
By Vera C. Smith
Foreword by Leland B. Yeager
The Rationale of Central Banking was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm Röpke, Oskar Morgenstern, and Fritz…
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