Edward Kellogg (economist)

After a brief stint in business in Norwalk, he relocated to New York City and established Edward Kellogg & Co., a wholesale dry goods firm, which he operated until 1837.

With a few additions and changes, it was reprinted the next year as a pamphlet, under the pseudonym Godek Gardwell, and renamed "Currency: the Evil and Remedy".

His daughter put out a new edition in 1861, and it was retitled again, as "A New Monetary System",[3] During his own lifetime, Kellogg's ideas garnered interest from Greeley and some other public figures, but they never came close to being adopted.

Kellogg's proposals gained new attention during the American Civil War, when the United States began printing banknotes as a matter of wartime necessity.

After the war, Alexander Campbell adopted aspects of Kellogg's proposals, calling for the permanent usage of fiat money.