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The Chicago Plan & New Deal Banking Reform
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The Chicago Plan & New Deal Banking Reform

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This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US.
Paperback, 244 pages
Published May 31st 1995 by Routledge (first published January 1st 1995)
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Frank Stein
Aug 24, 2011 Frank Stein rated it really liked it
There is something about monetary policy which brings forth an endless array of crank schemes, from the free silverites of the 19th century to the adamant gold-bugs today. All of them promise a Cockaigne of infinite prosperity. From some perspectives the new monetary plan eight University of Chicago economists proposed to President Roosevelt in 1933 might seem like another such scheme. Some of its proponents even admitted as much. The surprising thing revealed in this book, however, is that an e ...more
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