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Lauchlin Currie's monetary economics in the new deal

Sandilands, R.J. (2005) Lauchlin Currie's monetary economics in the new deal. In: Conference on Inter-war Macroeconomics, 2005-01-01.

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Abstract

Lauchlin Currie was a development economist who led the first World Bank mission to Colombia in 1949 and stayed on as Colombia's leading economic adviser until his death in 1993. Earlier he had been at Harvard (1925-34); was the intellectual leader of the economics wing of the New Deal (and author of the 1935 Banking Act that set up the Fed in its modern guise); and FDR's chief economic adviser in the White House, 1939-45.