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Government-Cheerleading Bias in Money and Banking Textbooks · Econ Journal Watch : money and banking, textbooks, bank runs, contagion, bank panic, deposit insurance, National Banking Era, Great Depression, Financial Crisis of 2008
| Content Provider | Semantic Scholar |
|---|---|
| Author | Curott, Nicholas Adam Watts, Tyler Thrasher, Benjamin R. Ball, Laurence M. Brandl, Michael W. Cecchetti, Steven O'Brien, Anthony Patrick |
| Abstract | Do undergraduate money and banking textbooks present a thorough and balanced overview of how commercial banks and central banks impact economic stability? We find that the textbooks are generally of high quality, but that they overemphasize the potential instability of unregulated commercial banks and underemphasize the potential for central banks and financial regulation to negatively impact the economy. The systemic slant amounts to a governmentcheerleading bias. We review the six leading undergraduate money and banking textbooks currently in print and offered for adoption by major textbook publishing companies: Discuss this article at Journaltalk: https://journaltalk.net/articles/6004/ |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://econjwatch.org/File+download/1140/CurottWattsThrasherMar2020.pdf?mimetype=pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
