Lawrence H. White

Lawrence Henry White (born November 27, 1954) is an American economics professor at George Mason University who teaches graduate level monetary theory and policy.

[citation needed] His writings support the abolition of the Federal Reserve System[failed verification] and the promotion of private and competitive banking.

Professor Steve Hanke writes that "White provides a uniquely insightful perspective into a difficult and controversial area, and his arguments and analysis are unbeatable.

[16] He has written that the economics profession is greatly influenced by the Federal Reserve because of the millions of dollars in research grants it supplies to academics.

"[19] White's view on the usefulness of transferring digital money via cellphone[20] and on his criticism of Limited Purpose Banking have been mentioned in mainstream publications.