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David Laidler on Hawtrey and the Treasury View

My recent post on Hawtrey and the Treasury View occasioned an exchange of emails with David Laidler about Hawtrey, the Treasury View. and the gold standard. As usual, David made some important points...

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Hawtrey’s Good and Bad Trade, Part XI: Conclusion

For many readers, I am afraid that the reaction to the title of this post will be something like: “and not a moment too soon.” When I started this series two months ago, I didn’t expect it to drag out...

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My Paper “Hawtrey and Keynes” Is Now Available on SSRN

About five or six years ago, I was invited by Robert Dimand and Harald Hagemann to contribute an article on Hawtrey for The Elgar Companion to John Maynard Keynes, which they edited. I have now posted...

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Interest on Reserves and Credit Deadlock

UPDATE (2/25/2022): George Selgin informs me that in the final version (his book Floored) of the Cato working paper which I discuss below he modified the argument that I criticize that paying interest...

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