Suchergebnisse

Examines Laughlin Currie's experiences in helping to implement the New Deal, a new monetary system of Roosevelt's administration implemented during the 1930s.

Presents a letter written by Lauchlin Currie in 1934 to the then President of the USA Roosevelt, praising his monetary policy and also offering advice.

Presents a paper by Lauchlin Currie on the stabilization of purchasing power through the use of public credit which was originally delivered at the American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table on December 30, 1936.

Discusses, in a speech given by Lauchlin Currie at the Chicago Forum of the American Institute of Banking on February 24, 1938, behavior of deposits from the viewpoint of an individual banker. Looks at some of the functions and peculiar characteristics of banking which are mainly associated with deposits. Concludes that the more accurately bankers can determine the probable variability of their deposits the more efficiently will they be able to discharge their responsibilities to their stockholders, depositors, localities and the nation at large.

Presents the conclusion of Lauclin Currie's PhD thesis on banking assets and banking theory.

Examines the economic distribution of demand deposits during 1935 in the USA. Concludes that data on the distribution of money permit a significant advance in the understanding of the factors reflected in changes in income velocity.

Presents an address made by Lauchlin Currie before the Illinois Banking Association in Springfield, Illinois in May 1938. The paper discusses aspects of business and banking developments in 1936 and 1937. Concludes that the developments of 1936 led on the developments of 1937, which in turn are reflected in the present difficulties, and they condition in large part the timing and manner in which they will progress. The paper states that the main problem of making the economic machine function smoothly at near capacity levels, is always with present and its solution will tax economists for many years to come.

Looks at the excess reserves of 1937 in the USA, which were well over $2 billion. Discusses what criterion can be used to determine the adequacy or excessiveness of the volume of money and what the prospects would be for further expansion if no action were taken. Concludes that on balance, probabilities appear to suggest that further expansion will occur unless checked, and that adequate monetary grounds exist, therefore, for taking action to prevent an injurious expansion of credit.

Introduces the special issue to mark the 10th anniversary of Lauchlin Currie's death. Currie was an economist described as the intellectual leader of the spending wing of Roosevelt's New Deal.

Presents the monthly estimates of the Federal Government in the USA from 1932‐1937. States that in 1937 the contribution has declined below the levels of the other recent years, reflecting in part a decrease in expenditures but more largely an increase in tax receipts. Investigates how the contribution was measured and its significance. Examines the significance of the 1937 decline in contribution and proposes that there may be a decrement to buying power in the first half of 1938.

Examines, in a paper written in 1938 by Lauchlin Currie, the banking and monetary system of the USA. Presents the 100 percent reserve plan, its claimed advantages and the objections to it. Concludes that a basic reform in the nature of the 100 percent reserve plan is inevitable.

Presents Lauchlin Currie's views on public spending as a means to recovery which originally appeared in a memorandum of April 6, 1936.

The author, Lauchlin Currie, suggests, in a memorandum written in February 1937, that there should be banking legislation with reference to foreign capital inflows. Gives a series of suggestions as to what might be needed.

Presents a paper by Lauchlin Currie written in January 1991 in which he makes suggestions for organizational changes that might serve to improve the formulation of monetary policy in Columbia.