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The Art of Central Banking – Ralph Hawtrey (1933) | Session 1

Reading Group

Start time:

April 21, 2021 @ 4:00 pm - 5:00 pm

Virtual Project
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EDT

Location:

Online

Type:

Other

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YSI Presenters

Description

Welcome to our discussion of Chapter IV – The Art of Central Banking (from Ralph Hawtrey's book with the same title). For this session, we will be focusing on the following sub-chapters (pages 116 – 174):

The Lender of Last Resort
The London Discount Market
The Bank of England Before 1844
The Bank of England, 1844-73
Eligible Bills and Securities
The Bank of England and the Note Issue
Bank Rate and Foreign Exchanges
Bank Rate After 1844
Attracting Foreign Money
The Cunliffe Committee
Release and Absorption of Cash
The International System.
The Central Bank's Power Over Credit.
The Response of the Borrowers.
Credit For Fixed Capital and the Stock Exchange.
The Inherent Instability of Credit.

Attendees

Nicholas Daly

Agustin Pedrazzoli

Ramon Gimenez

Natasha Kunesch

Ádám Kerényi

Nabi Rahimov

Jonah Wolf

Nathalie Marins

Julian Manieson

Jay Pocklington

Ibraheam Radi

Alex Howlett

Bianca Orsi

Dimo Stefanov

Bruno Höfig

Win Monroe

Andy Lee

Larissa de Lima

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