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Globalizing Capital: A History of the International Monetary System
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Barry Eichengreen
The importance of the International Monetary System is evident in the daily news stories about fluctuating currencies and in dramatic events, such as the recent reversals in the Mexican economy. It has become increasingly apparent that one cannot understand the international economy without knowing how its monetary system operates. This volume ...
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Golden Fetters: The Gold Standard and the Great Depression, 1919-1939
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by
Barry Eichengreen
This is a reassessment of the international monetary crisis of the post-World War I period that led to the Great Depression of the 1930s. It also analyzes the responses of the world economic powers to the Depression and describes how new monetary policies set the stage for the watershed post-World War II system established at Bretton Woods. It ...
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When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy
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William L Silber
"When Washington Shut Down Wall Street" unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that ...
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Gold: The Once and Future Money
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Nathan Lewis, Addison Wiggin (Foreword by)
This is a fresh look at the most important investment trend of the early 21st century. Many view the current bull market in gold as a flash in the pan, doomed to fizzle. "Au contraire," say bestselling author Addison Wiggin and award winning analyst Justice Litle. In this explosive new book, Wiggin and Litle tackle the assertion that gold is but a ...
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The Triumph of Gold
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by
Franz Pick
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The Gold Standard and Related Regimes: Collected Essays
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by
Michael D Bordo (Editor), Forrest Capie (Editor), Angela Redish (Editor)
This book contains a collection of Michael D. Bordo's essays, written singly and with colleagues, on the classical gold standard and related regimes based directly or indirectly on gold convertibility. The gold standard (and its variants) was the basis for both international and domestic monetary arrangements from the third quarter of the ...
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Exchange Rate Targets and Currency Bands
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Paul Krugman (Editor), Marcus Miller (Editor)
Research programmes in economics usually emerge from the intersection between a new analytical approach and a real economic problem. In the last few years, such a programme has emerged in international monetary economics, which is underpinned by a theoretical framework grounded in stochastic calculus and the increasing prominence in the real world ...
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Case for Gold: Edited by William Rees-Mogg
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by
William Rees-Mogg
Gold has been a central currency from about 600 BC down to the 20th century. From Isaac Newton's recoinage of 1717 to the final closure of the Bretton Woods gold window by President Nixon, it was the pivot of the world exchange system. Gold reserves remain important to central banking. The role of gold in the world's exchange system has been hotly ...
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Battles for the Standard: Bimetallism and the Spread of the Gold Standard in the Nineteenth Century
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by
Ted Wilson
This text reviews the monetary developments in the core economics of the 19th century: Britain; the United States; France; Germany; and India. Attention is given to the expansion of the gold standard in the context of intense national and international debates about the role of precious metals. The book also examines the conflict between ...
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The Glitter of Gold: France, Bimetallism, and the Emergence of the International Gold Standard, 1848-1873
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by
Marc Flandreau, Owen Leeming (Translator)
This book studies the so far unexplored operation of the international monetary system that prevailed before the emergence of the international gold standard in 1873. Conventional wisdom has it that the emergence of gold as a global anchor was both an inescapable and desirable evolution, given the exchange rate stability it provided and Britain's ...
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Who Adjusts?: Domestic Sources of Foreign Economic Policy During the Interwar Years
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by
Beth A Simmons
This study presents a fresh view of why governments decided to abide by or defect from the gold standard during the 1920s and 1930s. Previous studies of the spread of the Great Depression have emphasized "tit-for-tat" currency and tariff manipulation and a subsequent cycle of destructive competition. This work, on the other hand, analyzes the ...
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The Gold Standard Illusion: France, the Bank of France, and the International Gold Standard, 1914-1939
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by
Oxford University Press (Creator), Kenneth Moure
GOLD STANDARD ILLUSION tracks the influence of the Bank of France on England's inability to stay on the Gold Standard and its subsequent shift to Sterling in 1931.
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Monetary Reform and the Price of Gold: Alternative Approaches
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Professor Randall Hinshaw
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Monetary Regimes in Transition
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by
Forrest Capie (Editor), Michael D Bordo, Angela Redish (Editor)
This important contribution to comparative economic history examines different countries' experiences with different monetary regimes, laying particular emphasis on how the regimes fared when placed under stress such as wars or other changes in the economic environment. Covering the experience of ten countries over the period 1700-1990, the ...
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The Anatomy of an International Monetary Regime: The Classical Gold Standard, 1880-1914
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by
Guilio M Gallarotti
Widely considered the crowning achievement in the history of international monetary relations, the classical gold standard (1880- 1914) has long been treated like a holy relic. Its veneration, however, has done more to obscure than to reveal the actual nature of the era's monetary system. In The Anatomy of an International Monetary Regime, Giulio ...
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Modern Perspectives on the Gold Standard
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by
Tamim Bayoumi (Editor), Barry Eichengreen (Editor), Mark P Taylor (Editor)
Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These experiences led some commentators to conclude that open international capital markets are incompatible with financial stability. But the pre-1914 gold standard is an obvious challenge to the ...
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International Monetary Systems in Historical Perspective
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by
Jaime Reis (Editor)
This text examines 150 years' worth of efforts at constructing arrangements and rules for international monetary interaction, and arguing that present day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with good macroeconomic performance. This contributors to this volume ...
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The Gold Standard in Theory and History
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by
Bar Eichengreen, Marc Flandreau, Eichengreen Bar
Containing five new essays which include post 1990 literature on exchange rate target zones and a discussion of the light shed by the gold standard on the European Monetary Union debate.
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Good money
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by
Friedrich A. von Hayek, Stephen Kresge
The latest volumes in The Collected Works of F. A. Hayek concentrate on Hayek's work on money and monetary policy. In anticipation of the centenary of his birth, these volumes bring forth some of the economist's most distinguished articles on monetary policy and offer another vital addition to the collection of Hayek's life work. Good Money, Part ...
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The Gold Standard and Its Future
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by
T E Gregory
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Gold is Money
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Hans F Sennholz (Editor)
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Monetary Regimes in Transition
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by
Michael D Bordo (Editor), Forrest Capie (Editor), Angela Redish (Editor)
This important contribution to comparative economic history examines different countries' experiences with different monetary regimes, laying particular emphasis on how the regimes fared when placed under stress such as wars or other changes in the economic environment. Covering the experience of ten countries over the period 1700-1990, the ...
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Money in Historical Perspective
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by
Anna Jacobson Schwartz, Milton Friedman (Designed by), Michael D. Bordo (Designed by)
Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical ...
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Money in a Maelstrom
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by
Johan Willem Beyen
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A Retrospective on the Classical Gold Standard, 1821-1931
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by
Michael D Bordo (Editor), Anna Jacobson Schwartz (Editor)
The recent instability in domestic and international monetary systems has revived interest in the classical gold standard that existed for 110 years until Britain abandoned it in the midst of the Depression.
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