The Legitimacy of Central Banks

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Board of Governors of the Federal Reserve System (U.S.). Steering Committee for the Fundamental Reappraisal of the Discount Mechanism, 1935-. "The Legitimacy of Central Banks," Fundamental Reappraisal of the Discount Mechanism (July 1969). https://fraser.stlouisfed.org/content/?item_id=23561&filepath=/files/docs/historical/federal reserve history/discountmech/legcent_boulding.pdf, accessed on July 17, 2018.

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Written by Kenneth E. Boulding, University of Colorado-Boulder.

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102