The Origins of the Federal Reserve Book Reviews
The Origins of the Federal Reserve by Murray N. Rothbard Book Summary
Where did this thing called the Fed come from? Murray Rothbard has the answer here โ in phenomenal detail that will make your head spin. In one extended essay, one that reads like a detective story, he has put together the most comprehensive and fascinating account based on a century's accumulation of scholarship.
The conclusion is that the Fed did not originate as a policy response to national need. It wasn't erected for any of its stated purposes. It was founded by two groups of elites: government officials and large financial and banking interests. Rothbard adds a third critical element: economists hired to give the scheme a scientific patina.
This excerpted chapter from Rothbard's History of Money and Banking is as scholarly as it is hair raising. This is one economic historian who does not fear naming names and assigning blame.
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| Book Name | The Origins of the Federal Reserve |
| Genre | Economics |
| Author | Murray N. Rothbard |
| Published | 09 March 2011, Wednesday |
| Language | English |
| E-Book Size | 358.1 KB |
The Origins of the Federal Reserve (Murray N. Rothbard) Book Reviews 2024
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Summary of The Origins of the Federal Reserve by Murray N. Rothbard
The The Origins of the Federal Reserve book written by Murray N. Rothbard was published on 09 March 2011, Wednesday in the Economics category. A total of 175 readers of the book gave the book 3.5 points out of 5.
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