Benjamin Cole Recounts Some Inconvenient History

The peripatetic Benjamin Cole, a frequent and valued commenter on  this and many other blogs, wrote a guest post the other day on Marcus Nunes’s blog, putting the current “sound money” rhetoric emanating from the self-appointed heirs to Ronald Reagan’s political legacy in proper historical perspective.  An important public service and a must read.  Kudos to Benjamin and to Marcus.

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2 Responses to “Benjamin Cole Recounts Some Inconvenient History”


  1. 1 Benjamin Cole April 30, 2012 at 11:23 am

    I am red-faced in embarrassment at this recognition from David Glasner, whose contributions to the fields of public policy and monetary policy are large and dwarf mine.
    I am happy to be a camp follower to the real titans of Market Monetarism, and hopefully, from time to time, make contributions in the areas where I can be of use—in history, PR, and political strategy.


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About Me

David Glasner
Washington, DC

I am an economist at the Federal Trade Commission. Nothing that you read on this blog necessarily reflects the views of the FTC or the individual commissioners. Although I work at the FTC as an antitrust economist, most of my research and writing has been on monetary economics and policy and the history of monetary theory. In my book Free Banking and Monetary Reform, I argued for a non-Monetarist non-Keynesian approach to monetary policy, based on a theory of a competitive supply of money. Over the years, I have become increasingly impressed by the similarities between my approach and that of R. G. Hawtrey and hope to bring Hawtrey's unduly neglected contributions to the attention of a wider audience.

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