Modern Money Mechanics
Publisher: Federal Reserve 2008
Number of pages: 50
The purpose of this booklet is to describe the basic process of money creation in a 'fractional reserve' banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System - the central bank of the United States.
Download or read it online for free here:
by Joseph Huber, James Robertson - New Economics Foundation
In the information age, money has mainly become information, electronically stored and transmitted. The authors propose a simple reform of monetary policies, and spell out its practicalities step-by-step. The arguments for it are very strong.
by Dieter Gerdesmeier - Bookboon
This book attempts to inform the reader about the analytical background and institutional setting of euro area monetary policy. The theory and practice of monetary policy are explained in detail and illustrated by a number of real world examples.
by Murray N. Rothbard - Ludwig von Mises Institute
Rothbard's famous monetary essay has influenced two generations of economists and business professionals. After presenting the basics of money and banking theory, the author traces the decline of the dollar from the 18th century to the present.
by Ron Paul - Ludwig von Mises Institute
Ron Paul explains why sound money means a new gold standard. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.