Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/23503
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: The Political Economy of Monetary Reform
Authors: Dow, Sheila
Contact Email: s.c.dow@stir.ac.uk
Keywords: monetary reform
banking reform
Depression
Canada
Issue Date: Sep-2016
Publisher: Oxford University Press
Citation: Dow S (2016) The Political Economy of Monetary Reform, Cambridge Journal of Economics, 40 (5), pp. 1363-1376.
Abstract: Proposals to reform money and banking in the wake of the recent crisis appeal to populist politics on the left and the right: if banks caused the crisis then their power must be curtailed to prevent a recurrence. Many of these proposals echo ideas which gained attention in the wake of the Great Depression. The purpose of this paper is to consider proposals for reform of money and banking current in Canada in the 1930s, in particular plans for social credit and for social reconstruction, some of which were translated into policy. While both sets of ideas involved a markedly increased role for the state in money and banking, the underlying ontology, political philosophy and theoretical rationale were rather different. The result was different views as to the nature of the problem and the feasibility of different policy solutions.
Type: Journal Article
URI: http://hdl.handle.net/1893/23503
DOI Link: http://dx.doi.org/10.1093/cje/bew013
Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Economics

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