Commission On Money and Credit - Goals and Structure

Goals and Structure

The Commission was planned to make the first extensive investigation of the U.S. monetary system since the Aldrich Commission of 1908-1911. The Commission on Money and Credit would evaluate whether the existing structure of the U.S. financial system and the regulations on various financial institutions were adequate to cope with the anticipated future needs of the U.S. economy.

The Commission on Money and Credit was intended to consist of nine to eighteen members drawn from “business, labor, agriculture, and education, and from fields of research and administration”. Ten prominent individuals in academia, social science research, and economics, would advise Mr. David on the selection of the members of the Commission.

Read more about this topic:  Commission On Money And Credit

Famous quotes containing the words goals and, goals and/or structure:

    We should stop looking to law to provide the final answer.... Law cannot save us from ourselves.... We have to go out and try to accomplish our goals and resolve disagreements by doing what we think is right. That energy and resourcefulness, not millions of legal cubicles, is what was great about America. Let judgment and personal conviction be important again.
    Philip K. Howard, U.S. lawyer. The Death of Common Sense: How Law Is Suffocating America, pp. 186-87, Random House (1994)

    Let us beware of saying there are laws in nature. There are only necessities: there is no one to command, no one to obey, no one to transgress. When you realize there are no goals or objectives, then you realize, too, that there is no chance: for only in a world of objectives does the word “chance” have any meaning.
    Friedrich Nietzsche (1844–1900)

    ... the structure of a page of good prose is, analyzed logically, not something frozen but the vibrating of a bridge, which changes with every step one takes on it.
    Robert Musil (1880–1942)