ABSTRACT OF PAPER
Title: Inside the Mind of a Money Doctor: E.W. Kemmerer’s Intellectual Anatomy
Author: Gomez Betancourt Rebeca
In this article, I analyze the intellectual process that led Edwin Walter Kemmerer to become one of the most influential money doctors of monetary history in the 1920s. In the first section, I present the economic and political context in US during Kemmerer youth ending with his doctoral thesis on the quantity theory of money in 1903. In the second section, I explain his early professional years when he introduced reforms in certain American colonies, in particular the establishment in 1903 of a Gold Exchange standard in the Philippines. In the third section, I focus on Kemmerer’s participation in the debate over the creation of the United States’ Central Bank and his study of the US money market in 1910. In the fourth section, I comment on his 1913 discourse concerning his political beliefs as a Progressive. My study on the Kemmerer’s intellectual anatomy before he became an international money doctor limits its scope to the period preceding the First World War.
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