MONEY, MEN AND MACHINES by Waddill C. Catchings

MONEY, MEN AND MACHINES

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KIRKUS REVIEW

Pointing out the weaknesses of ""planned economy"" (Keynesian and Mixed varieties), the authors propose that the objective of The Federal Reserve Board should be to provide (through its authority over bank deposits and loans) the American people with an ""adequate but not excessive supply of money"". This to produce according to ability and desire and thus to give free play to forces of supply and demand of products and services. Definitely controversial, not profound in treatment, this might be of interest to the theoretician, student and close examiner of money management.

Pub Date: April 23rd, 1953
Publisher: Duell, Sloan & Pearce