Laurent Le Maux is currently Professor of Economics at the University of the Western Brittany and Research Professor at the University of Paris Panth茅on 鈥� La Sorbonne. He received his PhD in Economics from the University of Paris 鈥� Nanterre. His research interests are in money and central banking, history of monetary theory, and monetary and banking history. He recently published an article entitled 鈥淭he Classical Monetary Theory on Bank Liquidity and Finance鈥� in the Oxford Economic Papers (2020) and co-authored with Emmanuel Carr茅 an article on 鈥淭he Federal Reserve鈥檚 dollar swap lines and the European Central Bank during the global financial crisis of 2007-09鈥� published in the Cambridge Journal of Economics (2020).
Laurent Le Maux
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Charles Kindleberger, the Dollar System, and Financial Crises
A review of Perry Mehrling鈥檚 book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling鈥檚 discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.
What Bagehot Means for 21st Century Central Bankers
Is Victorian writer Walter Bagehot, whose adage 鈥渓ending freely against good collateral at a penalty rate鈥� has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?
Bagehot for Central Bankers
Is Victorian writer Walter Bagehot, whose adage 鈥渓ending freely against good collateral at a penalty rate鈥� has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?