ODE lecturer discusses recent financial crisis

October 19, 2010 | Leave a Comment

Buies Creek, N.C.—Dr. Lawrence H. White, a specialist in the theory and history of banking and money, is scheduled to be the featured speaker at the economics honorary fraternity Omicron Delta Epsilon lecture on Monday, Oct. 25, at 4 p.m. in Lynch Auditorium of the Lundy-Fetterman School of Business. Admission is free and open to the public.

White is a professor of economics at George Mason University and an internationally known scholar and authority on free banking and competing currencies. He will discuss the role of the U.S. Federal Reserve Bank in the recent financial crisis and how it contributed to the deep recession the country now faces. He will also discuss how economies can function more efficiently and effectively without central banks.

White is the author of several publications on the subject, including The Theory of Monetary Institutions, Free Banking in Britain, and Competition and Currency. He is the editor of the three-volume works, The History of Gold and Silver and Free Banking. His articles on monetary theory and banking history have appeared in the American Economic Review, the Journal of Economic Literature, the Journal of Money, Credit, and Banking and other leading professional journals.

In 2008, White received the Distinguished Scholar award from the Association for Private Enterprise Education. In addition, he has been a visiting research fellow at the American Institute for Economic Research, a visiting lecturer at the Swiss National Bank and a visiting scholar at the Federal Reserve Bank of Atlanta. He is a co-editor of Econ Journal Watch and a member of the board of associate editors for the Review of Austrian Economics. Lawrence is also a contributing editor to the Foundation for Economic Education magazine, The Freeman, and an adjunct scholar at the Cato Institute.

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