Book Forum 

# *Constitutional Money: A Review of the Supreme Court’s Monetary Decisions*

### (Cambridge University Press, 2013) 

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Date and Time 

April 24, 2013 12 - 1:30 PM EDT 

Location 

Yeager Conference Center 

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##### Featuring 

Featuring the author **Richard H. Timberlake, Jr.**, Professor Emeritus of Economics, University of Georgia; with comments by **Steve H. Hanke**, Professor of Applied Economics, The Johns Hopkins University, and Senior Fellow, Cato Institute; and **George A. Selgin**, Professor of Economics, University of Georgia, and Senior Fellow, Cato Institute; moderated by **James A. Dorn**, Editor, *Cato Journal*, and Vice President for Academic Affairs, Cato Institute. 

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Purchase book](http://store.cato.org/books/constitutional-money-review-supreme-courts-monetary-decisions-hardcover)

This book reviews nine Supreme Court cases and decisions that dealt with monetary laws, together with a summary history of monetary events and policies — notably, the gold standard and the Federal Reserve System — as they were affected by the Court’s decisions. Several cases and decisions had notable consequences for the monetary history of the United States, and some were blatant misjudgements stimulated by political pressures. The cases included in this book begin with *McCulloch v. Maryland* (1819) and end with the Gold Clause Cases (1934–35). Those decisions remain in force today. The final chapter describes the adjustments necessary to return to a gold standard and briefly examines other monetary arrangements that would be consistent with the Framers’ Constitution. 

[Transcript of Professor Steve H. Hanke’s presentation](https://www.cato.org/publications/speeches/remarks-constitutional-money-prof-richard-h-timberlake)

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This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).