Richard Timberlake | |
|---|---|
| Born | Richard Henry Timberlake, Jr.[1] June 24, 1922 Steubenville, Ohio, U.S. |
| Died | May 22, 2020 (aged 97) |
| Nationality | American |
| Academic career | |
| Field | Economics |
| Institution | University of Georgia (1964–1990) |
| School or tradition | Free Banking |
| Alma mater | University of Chicago (Ph.D.), 1957 |
| Influences | Friedrich Hayek, Milton Friedman, Earl J. Hamilton |
| Contributions | Real bills doctrine as the origin of the Great Depression, free banking |
Richard Henry Timberlake Jr. (June 24, 1922 – May 22, 2020) was an American economist who was Professor of Economics at the University of Georgia for much of his career. He became a leading advocate of free banking, the belief that money should be issued by private companies, not by a government monopoly. He wrote about the Legal Tender Cases of the U.S. Supreme Court in his book Constitutional Money: A Review of the Supreme Court's Monetary Decisions.