Lawrence H. White is a senior fellow at the Cato Institute’s Center for Monetary and Financial Alternatives and has been a professor of economics at George Mason University since 2009. An expert on banking and monetary policy, he is the author of The Clash of Economic Ideas (Cambridge University Press, 2012), The Theory of Monetary Institutions (Basil Blackwell, 1999), Free Banking in Britain (2nd ed., Institute of Economic Affairs, 1995), and Competition and Currency (New York University Press, 1989). He is co-editor of Renewing the Search for a Monetary Constitution (Cato Institute, 2015), and editor of The History of Gold and Silver (3 vols., Pickering and Chatto, 2000), Free Banking (3 vols., Edward Elgar, 1993), and The Crisis in American Banking (NYU Press, 1993). His articles on monetary theory and banking history have appeared in the American Economic Review; Journal of Money, Credit, and Banking; and other leading professional journals.

White received the 2008 Distinguished Scholar Award of the Association for Private Enterprise Education. He has been a visiting research fellow at the American Institute for Economic Research, a visiting lecturer at the Swiss National Bank, and a visiting scholar at the Federal Reserve Bank of Atlanta. He is a coeditor of the online journal Econ Journal Watch and hosts bimonthly podcasts for EJW Audio. He is a member of the Financial Markets Working Group of the Mercatus Center at George Mason University. He writes regularly for the Center for Monetary and Financial Alternatives publication Alt-M.

White holds a BA in economics from Harvard College and a PhD in economics from the University of California, Los Angeles.

More from Lawrence H. White


Cato Studies

Recent Arguments against the Gold Standard

Policy Analysis No. 728. June 20, 2013.

Has the Fed Been a Failure?

Working Paper No. 2. November 9, 2010.

How Did We Get into This Financial Mess?

Briefing Paper No. 110. November 18, 2008.

Public Filings

The Federal Reserve and the Rule of Law

Testimony. September 12, 2013.

Cato Reviews & Journals

The Curse of the War on Cash

Cato Journal. Spring/Summer 2018.

Needed: A Federal Reserve Exit from Preferential Credit Allocation

Cato Journal. Spring/Summer 2016.

The Market for Cryptocurrencies

Cato Journal. Spring/Summer 2015.


35th Annual Monetary Conference

November 16, 2017. Conference.

33rd Annual Monetary Conference

November 12, 2015. Conference.

The Forgotten Depression: 1921: The Crash That Cured Itself

November 18, 2014. Book Forum.