tree tops

Articles

Working Papers
Ten Most Cited Journal Articles
Policy Briefs
Commentary and General Interest
Other Academic
Monographs

Working Papers


"Has the Fed Been a Failure?," by George A. Selgin, William D. Lastrapes and Lawrence H. White, Cato Institute Working Paper no. 2, November 9, 2010.

The Clash of Economic Ideas, draft chapters 1-11

Ten Most Cited Journal Articles


"How Would the Invisible Hand Handle Money?" (with George A. Selgin), Journal of Economic Literature 32 (December 1994): 1718-49.

"Competitive Payments Systems and the Unit of Account," American Economic Review 74 (September 1984): 699-712.

"Accounting for Non-Interest-Bearing Currency: A Critique of the Legal Restrictions Theory of Money," Journal of Money, Credit, and Banking 19 (November 1987): 448- 56.

"The Evolution of a Free Banking System" (with George A. Selgin), Economic Inquiry 25 (July 1987): 439-57.

"The Technology Revolution and Monetary Evolution," in James A. Dorn, ed., The Future of Money in the Information Age (Washington, DC: Cato Institute, 1997): 15-20.

"In Defense of Fiduciary Media" (with George Selgin), Review of Austrian Economics 9 (September 1996): 83-107.

"Hayek's Monetary Theory and Policy: A Critical Reconstruction," Journal of Money, Credit, and Banking 31 (February 1999): 109-20.

"Competitive Money, Inside and Out," Cato Journal 3 (Spring 1983): 281-99.

"A Fiscal Theory of Government's Role in Money" (with George Selgin), Economic Inquiry 37 (January 1999): 154-65.

"Is Nonprice Competition in Currency Inefficient?" (with Donald J. Boudreaux), Journal of Money, Credit, and Banking 30 (May 1998): 252-60.

Recent Articles


"The Rule of Law or the Rule of Central Bankers?," Cato Journal 30 (Fall 2010): 451-63.

"Federal Reserve Policy and the Housing Bubble," Cato Journal (Winter 2009): 115-25.

"Can Economics Rank Slavery Against Free Labor in Terms of Efficiency?," Politics, Philosophy, and Economics 7 (August 2008): 327-40.

"Did Hayek and Robbins Deepen the Great Depression?," Journal of Money, Credit, and Banking 40 (June 2008): 751-68.

"What Type of Inflation Target?," Cato Journal 27 (Spring/Summer 2007): 283-88.

"The Federal Reserve System's Influence on Research in Monetary Economics," Econ Journal Watch 2 (August 2005): 325-54.

"Credible Currency: A Constitutional Perspective" (with George Selgin), Constitutional Political Economy 16 (March 2005): 71-83.

"Accounting for Fractional-Reserve Banknotes and Deposits," The Independent Review 7 (Winter 2003): 425-443.

"Does a Superior Monetary Standard Spontaneously Emerge?," Journal des Economistes et des Etudes Humaines 12 (June/September 2002): 269-281.

Policy Briefs


"How Did We Get into This Financial Mess?," Cato Institute Briefing Paper no. 110, November 18, 2008.

Shorter version, with debate

"Is the Gold Standard Still the Gold Standard among Monetary Systems?," Cato Institute Briefing Paper no. 100, February 8, 2008.

Why Private Banks and Not Central Banks Should Issue Currency, Especially in Less Developed Countries (with George Selgin)

"Inflation and the Federal Reserve: The Consequences of Political Money Supply," Cato Institute Policy Analysis no. 8, April 15, 1982.

Commentary and General Interest


"The German Miracle: Another Look," The Wall Street Journal, September 8, 2010

"Ease up on the Gas Pedal, Bernanke!," by David C. Rose and Lawrence H. White, Forbes, March 10, 2009

"We Can't Spend Our Way out of This Quagmire," by Lawrence H. White and David C. Rose, St. Louis Post-Dispatch, January 21, 2009

"As Good As Gold?," Cato Policy Report, March/April 2008.

"In What Respects Will the Information Age Make Central Banks Obsolete?," Cato.org, March 16, 2002

In What Respects Will the Information Age Make Central Banks Obsolete? (March 16, 2002)

Why Private Banks and Not Central Banks Should Issue Currency, Especially in Less Developed Countries (with George Selgin, April 19, 2000)

Because private competition delivers a higher quality product than does state monopoly

A Competitor for the Fed? (July, 2000)

Considers the prospects for success of the silver-based American Liberty Dollar project

Asia Needs Capital Controls? It Just Ain't So (March 1999)

Criticizes Jagdish Bhagwati's argument for retaining capital controls

Do Deficits Matter? (with Roger Garrison, February, 1999)

Reasons for thinking that they do, despite what The Armchair Economist argues

Banking and Financial Services (Cato Handbook for the 106th Congress, 1999)

The agenda for legislative reform

The Technology Revolution and Monetary Evolution (May 23, 1996)

Some historical perspective on "digital money"

Competing Money Supplies (1993)

What would be the consequences of applying laissez-faire to money?

Inflation and the Federal Reserve(April 15, 1982)

How and why the Fed caused the inflation of the 1970s

Other Academic


Hayek, Currency Competition and European Monetary Union [by Otmar Issing]: Commentary (2000)

The Methodology of Human Action

Comment on Vernon Smith, "Reflections on Human Action After 50 Years" (1999)

Monetary Nationalism Reconsidered (January 1, 1996)

Monetary Reform and the Redemption of National Bank Notes, 1863-1913 (with George A. Selgin, 1994)

La banca central: una recapitulación (1993)

Scottish Banking and the Legal Restrictions Theory: A Closer Look: Comment (1990)

Competitive Payments Systems: Reply (1986)

Monographs


The Methodology of the Austrian School Economists