Commercial Banking Reform in the United States: With Especial Reference to the 100 Per Cent Plan and the Regulation of Interest Rates on Bank Deposits. Leonard L. Watkins

1940 ◽  
Vol 48 (4) ◽  
pp. 597-599
Author(s):  
Melchior Palyi
1939 ◽  
Vol 34 (207) ◽  
pp. 620
Author(s):  
ElRoy Nelson ◽  
Leonard L. Watkins

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Xavier Jaravel

Does inflation vary across the income distribution? This article reviews the growing literature on inflation inequality, describing recent advances and opportunities for further research in four areas. First, new price index theory facilitates the study of inflation inequality. Second, new data show that inflation rates decline with household income in the United States. Accurate measurement requires granular price and expenditure data because of aggregation bias. Third, new evidence quantifies the impacts of innovation and trade on inflation inequality. Contrary to common wisdom, empirical estimates show that the direction of innovation is a significant driver of inflation inequality in the United States, whereas trade has similar price effects across the income distribution. Fourth, inflation inequality and non-homotheticities have important policy implications. They transform cost-benefit analysis, optimal taxation, the effectiveness of stabilization policies, and our understanding of secular macroeconomic trends—including structural change, the decline in the labor share and interest rates, and labor market polarization. Expected final online publication date for the Annual Review of Economics, Volume 13 is August 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.


1965 ◽  
Vol 25 (3) ◽  
pp. 400-413 ◽  
Author(s):  
J. Van Fenstermaker

In spite of its importance to economic development, much remains unknown about commercial banking in early America. The Historical Statistics of the United States gives the number of banks, their capital stock, bank note circulation, deposits, and specie for only four years prior to 1830, and these data are far from complete. Economic and financial historians generalize about this period from statistics presented in Albert Gallatin's Considerations on the Currency of the United States and from the reports of the Treasury Department, summarized in the Annual Report of the Comptroller of the Currency, 1876.


2013 ◽  
Vol 35 (2) ◽  
pp. 117 ◽  
Author(s):  
Jerry L. Holechek

Increasing world human population, declining reserves of cheaply extracted fossil fuels, scarcity of supplies of fresh water and climatic instability will put tremendous pressure on world rangelands as the 21st century progresses. It is expected that the human population of the world will increase by 40% by 2050 but fossil fuel and reserves of fresh water will be drastically reduced. Avoiding food shortages and famine could be a major world challenge within the next 10 years. Under these conditions, major changes in policies relating to economic growth and use of natural resources seem essential. Stabilisation of the human population, development of clean and renewable energy, enhanced supplies of water and its quality, increased livestock production, and changed land-use policies, that minimise agricultural land losses to development and fragmentation, will all be needed to avoid declining living conditions at the global level. The health and productivity of rangelands will need to receive much more emphasis as they are a primary source of vital ecosystem services and products essential to human life. Changes in tax policies by developed, affluent countries, such as the United States, Australia and Canada, are needed that emphasise saving and conservation as opposed to excessive material consumption and land development. Extreme levels of debt and chronic deficits in trade by the United States and European Union countries need to be moderated to avoid a devastating collision of debt, depletion of natural resources, and environmental degradation. Over the next 10 years, livestock producers of the rangelands will benefit from a major increase in demand and prices for meat. Rapidly increasing demand for meat in China and other Asian countries is driving this trend. Rangeland managers, however, will also likely encounter greater climatic, financial, biological and political risks. Higher interest rates, higher production costs and higher annual variability in forage resources are major challenges that will confront rangeland managers in the years ahead. Under these conditions, a low risk approach to livestock production from rangelands is recommended that involves conservative stocking, use of highly adapted livestock, and application of behavioural knowledge of livestock to efficiently use forage resources.


2021 ◽  
Vol 2020 (67) ◽  
pp. 75-100
Author(s):  
مالك عبد الرحيم محمد ◽  
أ.د. ميثم العيبي إسماعيل

The American economy suffers from a general budget deficit, mainly due to the high public expenditures, especially the military, as the United States of America occupies the first place in the world in the proportion of military spending, and the budget deficit is mainly financed through the sale of government securities, which led to an increase in the volume of public debt In the United States of America, which is a dangerous indicator, especially after interest payments on public debt exceeded the barrier of $ 500 billion for the year 2018, which pushes them to borrow again to finance these benefits, this cumulative and continuous increase in the size of public debt works to influence the economic variables Monetary and financial. The research aims to analyze the development of internal public debt in the United States of America and its most important causes, in addition to clarifying the mechanisms and methods used to alleviate the severity of the internal public debt without compromising the ability of the economy or the ability to repay previous debts to maintain investor confidence in the strength of the American economy. The research reached several results, the most prominent of which is that the large increase in the volume of the internal public debt and the consequent increase in the money supply did not negatively affect the monetary side of the economy as inflation rates did not reach high levels and international reserves increased, accompanied by a decrease in interest rates. While the research presented several recommendations, including the need to achieve financial discipline and market access to borrow at the lowest possible costs by issuing debt regularly, in addition to avoiding resorting to any special measures to increase the volume of public debt and adhere to the debt ceiling approved by the US Congress.


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