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A new explanation for free bank failures

Author

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  • Arthur J. Rolnick
  • Warren E. Weber

Abstract

This paper surveys recent issues in macroeconomics from the viewpoint of dynamic economic theory. The need to look beyond demand and supply curves and the insights that come from doing so are emphasized. Examples of issues in debt management and fiscal policy are analyzed.

Suggested Citation

  • Arthur J. Rolnick & Warren E. Weber, 1982. "A new explanation for free bank failures," Staff Report 79, Federal Reserve Bank of Minneapolis.
    • Handle: RePEc:fip:fedmsr:79
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    References listed on IDEAS

    as
    1. Rolnick, Arthur J & Weber, Warren E, 1983. "New Evidence on the Free Banking Era," American Economic Review, American Economic Association, vol. 73(5), pages 1080-1091, December.
    2. Rockoff, Hugh, 1974. "The Free Banking Era: A Reexamination," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 6(2), pages 141-167, May.
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