I n this volume, Murray Rothbard has given us a comprehen- sive history of money and banking in the United States, from colonial times to World War II, the first to explicitly use the interpretive framework of Austrian monetary theory. But even aside from the explicitly Austrian theoretical framework under- girding the historical narrative, this book does not “look” or “feel” like standard economic histories as they have been writ- ten during the past quarter of a century, under the influence of the positivistic “new economic history” or “cliometrics.”. | AHISTORY OF MONEY AND BANKING IN THE UNITED STATES: THE COLONIAL ERA TO WORLD WAR II The Ludwig von Mises Institute dedicates this volume to all of its generous donors and wishes to thank these Patrons, in particular: George W. Connell [ James L. Bailey, James Bailey Foundation; Robert Blumen; Christopher P. Condon; John William Galbraith; Hugh E. Ledbetter; Frederick L. Maier; Mr. and Mrs. R. Nelson Nash [ Richard Bleiberg; John Hamilton Bolstad; Mr. and Mrs. . Bost; Mr. and Mrs. Willard Fischer; Douglas E. French; Albert L. Hillman, Jr.; L. Charles Hilton, Jr.; Mr. and Mrs. Truman Johnson; Neil Kaethler; Robert Kealiher; Dr. Preston W. Keith; David Kramer; Mr. and Mrs. William W. Massey, Jr.; Hall McAdams; Dr. Dorothy Donnelley Moller; Francis Powers, .; Donald Mosby Rembert; James M. Rodney; Joseph P. Schirrick; James Whitaker, . [ J. Terry Anderson, Anderson Chemical Company; Mr. and Mrs. Ross K. Anderson; Toby O. Baxendale; Robert Bero; Dr. . Boddicker; Dr. John Brätland; John Cooke; Carl Creager; Capt. and Mrs. Maino des Granges; Clyde Evans, Evans Cabinet Corporation; Elton B. Fox, The Fox Foundation; James W. Frevert; Larry R. Gies; Frank W. Heemstra; Donald L. Ifland; Dr. and Mrs. John W. Johnson; Richard J. Kossmann, .; Alfonso Landa; John Leger; Arthur L. Loeb; Ronald Mandle; Ellice McDonald, Jr., CBE, and Rosa Hayward McDonald, CBE; Norbert McLuckie; In honor of Mikaelah S. Medrano; Joseph Edward Paul Melville; Dr. and Mrs. Donald Miller; Reed W. Mower; Terence Murphree, United Steel Structures; James O’Neill; Victor Pankey; Catherine Dixon Roland; John Salvador; Conrad Schneiker; Mark M. Scott; Robert W. Smiley, Jr., Benefit Capital Companies; Jack DeBar Smith; Val L. Tennent; David W. Tice; Lawrence Van Someren, Sr.; Dr. Jim Walker; Mr. and Mrs. Quinten E. Ward; Dr. Thomas L. Wenck; Keith S. Wood; Steven Lee Yamshon; Jeannette Zummo AHISTORY OF MONEY AND BANKING IN THE UNITED STATES: THE COLONIAL ERA TO WORLD WAR II MURRAY N. ROTHBARD .