Background
Wicker, Elmus Rogers was born on September 13, 1926 in Lake Charles, Louisiana, United States. Son of Elmus Rogers and Georgia Mary (Moss) Wicker.
(This is the first major study of post-Civil War banking p...)
This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and their incidence in each of the five separate banking disturbances. The author also reevaluates the role of the New York Clearing House in forestalling several panics and explains why it failed to do so in 1893 and 1907, concluding that structural defects of the National Banking Act were not the primary cause of the panics.
http://www.amazon.com/gp/product/0521770238/?tag=2022091-20
(This is the first full-length study of five U.S. banking ...)
This is the first full-length study of five U.S. banking panics of the Great Depression. Professor Wicker reconstructs a close historical narrative of each of the disturbances, investigating their origins, magnitude and effects, and he reappraises the role of Federal Reserve officials in the panics. His findings challenge many of the commonly-held assumptions about the events of 1930 and 1931, and will be of wide interest to students of the Great Depression, monetary and financial historians, financial and macroeconomists.
http://www.amazon.com/gp/product/0521663466/?tag=2022091-20
(Eminent historian of economics Elmus Wicker examines the ...)
Eminent historian of economics Elmus Wicker examines the events which spurred a series of banking panics beginning in 1893–94, that led to the creation of the U.S. Federal Reserve Bank twenty years later. A serious lacuna exists in the literature on the origins of the Federal Reserve System. What is absent is a fair appraisal of the role Senator Nelson Aldrich, prominent Rhode Island senator, played. Carter Glass captured the acclaim while asserting that Aldrich be granted equal billing with Glass as "fathers" of the Federal Reserve System. That claim is based on the fact that Aldrich removed three formidable obstacles that lay in the path to the establishment of a U.S. central bank. He can be credited with overcoming the shibboleth against a central bank which has its own origins in the nineteenth-century Jackson-Biddle feud over the renewal of the Charter of the Second Bank of the United States. In a single stroke he removed asset-based currency proposals from the banking reform agenda and substituted a central bank. Aldrich provided the necessary congressional leadership that was notoriously absent before 1908. He drafted the Aldrich bill which called for a central bank many of whose provisions appear in the Federal Reserve Act. Wicker paints a detailed picture of the history of this now-essential structure in the U.S. economy
http://www.amazon.com/gp/product/0814290787/?tag=2022091-20
Wicker, Elmus Rogers was born on September 13, 1926 in Lake Charles, Louisiana, United States. Son of Elmus Rogers and Georgia Mary (Moss) Wicker.
Bachelor, Louisiana State University, 1945. Master of Arts, Louisiana State University, 1948. Master of Philosophy, Oxford University, England, 1951.
Doctor of Philosophy, Duke University, 1956.
Professor economics, Indiana U., Bloomington, 1955-1992; professor emeritus, Indiana U., Bloomington, since 1992.
(Eminent historian of economics Elmus Wicker examines the ...)
(This was the first major study of post-Civil War banking ...)
(This is the first major study of post-Civil War banking p...)
(This is the first full-length study of five U.S. banking ...)
With United States Navy, 1945-1946. Member American Economics Association, Economics History Association.
Married Carolyn Braswell, September 18, 1948. Children: Vanessa Louise, Roger Andrew.