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Societies for the History of Economics

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Subject:
From:
Mason Gaffney <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Tue, 3 Feb 2009 19:50:31 -0500
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Re Blanc's question, I recall Professor Blair Stewart of Reed College, 1947,
displaying the sheepskin currency of a small town in eastern Oregon. 1933-36
or so, many towns paid their workers (including my father) in
"tax-anticipation warrants". I believe the practice was fairly common for a
while. It was a kind of forced loan from workers to fiscs. We might say the
same, BTW, of Federal FICA taxes today.

James Ahiakpor writes that I might benefit from reading certain pages from
Ronnie Davis. So I might, or might just waste time, so please motivate me,
and perhaps others, by summarizing what appears there.

Thank you,

Mason Gaffney

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