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Margaret G. Myers, A Financial History of the United States (Columbia University Press, 1970, $11.95). Pp. viii, 451. - Bray Hammond, Sovereignty and an Empty Purse: Banks and Politics in the Civil War (Princeton University Press and O.U.P., 1970, £4.75). Pp. ix, 400. - Charles Gilbert, American Financing of World War I (Greenwood Publishing Corp., Westport, Conn., 1970, $9.50). Pp. xix, 259.

Published online by Cambridge University Press:  16 January 2009

A. W. Coats
A. W. Coats
Affiliation:
University of Nottingham
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Type
Reviews
Information
Journal of American Studies , Volume 6 , Issue 2 , August 1972 , pp. 223 - 226
Copyright
Copyright © Cambridge University Press 1972

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References

1 For an entertaining, if somewhat cynical assessment of the issues, see Johnson, Harry G., ‘The Keynesian Revolution and the Monetarist Counter-Revolution’, Encounter (April 1971).Google Scholar

2 Even reviewers hostile to the Chicago monerarist theories, and thes seem to have been in the majority, heaped lavish praises on the narrative sections of the magisterial Monetary History of the United States, 1867–1960 by Friedman, Milton and Sehwartz, Anna Jacobson (Princeton, 1963).Google Scholar

3 For a schloarly critiqure of Hammaond's interpretation on a matter relation to the monerarist approach, see Hirsch, Abraham, ‘Bray Hammond fo Wesley Mitchell and the North's Empty Purse’, Journal of Economic Ideas, 3 (06 1969), 206–12.Google Scholar