Austrian Perspective on Some Leading Jacksonian Monetary Theorists

The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their opposition to the Second Bank of the United States. The analysis will be conducted from an Austrian school monetary framework, because its proponents have developed the theory of money to the fullest extent and have done the most to show the destructive effects of central and fractional-reserve banking. In addition, the importance of the Jacksonian victory will be put into historical perspective.

Volume 10, Number 1 (1991)