The Chicago Plan and New Deal Banking Reform
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This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US. Dedication Contents Foreword Acknowledgments Introduction: The Quest for Stable Banking 1 A History of Currency and Banking in the United States 2 Response to the Banking Crisis: Hoover, Congress, and the Economists 3 Roosevelt’s Election and the Banking Crisis of 1933 4 The March 1933 Chicago Memorandum 5 The 100 Days Legislation and the Banking Act of 1933 6 The November Chicago Memorandum 7 The Banking Reform Agenda: A Federal Monetary Authority and Credit Allocation 8 Currie, Eccles, and the Ideal Conditions for Monetary Control 9 100% Money: Fisher’s Version of the Chicago Plan 10 The Banking Act of 1935 11 Academic Views of the Chicago Plan 12 The Chicago Plan after the Passage of the Banking Act of 1935 13 Financial Instability and Narrow Banking: Simons Revisited 14 Conclusion Appendix: The Chicago Plan for Banking Reform Notes References Index About the Author
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