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Collected Essays

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Collected Works of Richard A. Stanford   Richard A. Stanford is Professor of Economics, Emeritus, Furman University, Greenville, South Carolina.  These blog posts constitute publication and enable access to Stanford's essays that are not otherwise published. Brief quotation of matter in any of the essay posts may be made with proper citation. INTRODUCTION These works were posted to serve two objectives: first, so that my descendants can have a sense of their ancestor's interests and concerns; and second, to provide an archive of descriptions of the economic aspects and issues affecting the world of the early twenty-first century. The economic world of the early twenty-first century was characterized by scarcity, limited resources, unlimited human demands on those resources, human work necessary to produce output, positive prices as arbiters of distribution via markets, and work essential to earn income to purchase those things necessary for li...
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Monetary Policy in an Open Economy World

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Monetary Policy in an Open Economy World Richard A. Stanford Professor of Economics, Emeritus Furman University Greenville, SC 29613 Copyright 2026 by Richard A. Stanford All rights reserved. No part of this book may be reproduced, stored, or transmitted by any means—whether auditory, graphic, mechanical, or electronic—without written permission of the author, except in the case of brief excerpts used in critical articles and reviews. CONTENTS NOTE: You may click on the symbol <> at the end of any section to return to the CONTENTS. Introduction      1. The Emergence of Federal Reserve Monetary Policy Tools      2. The Relevant Money Supply in an Open Economy World      3. Monetary Policy in an Open Economy World      4. Central Bank Effectiveness in an Open Economy World      5. Central Bank Independence   ...
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EssaysVolume11

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The Collected Essays of Richard A. Stanford   Issues in Theology and Religion   Richard A. Stanford   Professor of Economics, Emeritus Furman University Greenville, SC 29613   Copyright 2022 by Richard A. Stanford CONTENTS         Introduction         1. Metaphor and Myth         2. Myths and Metaphors         3. Anthropomorphization         4. Avatar         5. Afterlife         6. Dying         7. Worshiping Christ, Following Jesus         8. Altruism and Greed         9. Name Changes      10. Rewriting the Jesus Story      11. Rewriting My Story     ...
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