Hoover Archives has acquired a collection consisting of manuscripts, correspondence, and other historical materials related to the life and career of economist Richard H. Timberlake, Jr. Dr. Timberlake was an expert on the federal reserve, banking, and legal tender, and was a contemporary of Milton Friedman and Friedrich von Hayek. As a noted free market economist, Timberlake examined the causes of the Great Depression and advocated free banking. He received a PhD in economics from the University of Chicago in 1959 and taught economics at the University of Georgia from 1963 until 1990. Prior to his career as an economist, Timberlake served as a pilot during WWII and was awarded three purple hearts.
