Share

A Retrospective on the Classical Gold Standard, 1821-1931

Download A Retrospective on the Classical Gold Standard, 1821-1931 PDF Online Free

Author :
Release : 2009-02-15
Genre : Business & Economics
Kind : eBook
Book Rating : 924/5 ( reviews)

GET EBOOK


Book Synopsis A Retrospective on the Classical Gold Standard, 1821-1931 by : Michael D. Bordo

Download or read book A Retrospective on the Classical Gold Standard, 1821-1931 written by Michael D. Bordo. This book was released on 2009-02-15. Available in PDF, EPUB and Kindle. Book excerpt: This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

A Retrospective on the Classical Gold Standard, 1821-1931

Download A Retrospective on the Classical Gold Standard, 1821-1931 PDF Online Free

Author :
Release : 1984-09-01
Genre : Business & Economics
Kind : eBook
Book Rating : 908/5 ( reviews)

GET EBOOK


Book Synopsis A Retrospective on the Classical Gold Standard, 1821-1931 by : Michael D. Bordo

Download or read book A Retrospective on the Classical Gold Standard, 1821-1931 written by Michael D. Bordo. This book was released on 1984-09-01. Available in PDF, EPUB and Kindle. Book excerpt: This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

The Evolution of Central Banks

Download The Evolution of Central Banks PDF Online Free

Author :
Release : 1988-09-16
Genre : Business & Economics
Kind : eBook
Book Rating : 734/5 ( reviews)

GET EBOOK


Book Synopsis The Evolution of Central Banks by : Charles Goodhart

Download or read book The Evolution of Central Banks written by Charles Goodhart. This book was released on 1988-09-16. Available in PDF, EPUB and Kindle. Book excerpt: The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function. Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory" approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.

A History of the Canadian Dollar

Download A History of the Canadian Dollar PDF Online Free

Author :
Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis A History of the Canadian Dollar by : James Powell

Download or read book A History of the Canadian Dollar written by James Powell. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:

The Politics of Inflation and Economic Stagnation

Download The Politics of Inflation and Economic Stagnation PDF Online Free

Author :
Release : 1985-06-01
Genre : Political Science
Kind : eBook
Book Rating : 677/5 ( reviews)

GET EBOOK


Book Synopsis The Politics of Inflation and Economic Stagnation by : Leon Lindberg

Download or read book The Politics of Inflation and Economic Stagnation written by Leon Lindberg. This book was released on 1985-06-01. Available in PDF, EPUB and Kindle. Book excerpt: The inflation of the 1970s represented the greatest peacetime disruption of the Western economies since the Depression. Even as inflation receded, the recession in its wake brought more joblessness than at any time since the 1930s. The governments of industrialized nations found that the economic policies they had developed since World War II no longer assured price stability or high employment. What are the lessons of over a decade of economic difficulty? In this conference volume, which focuses on aspects of the crisis that economists often presuppose to be beyond control, the authors analyze the political and social underpinning of inflation and recession. Part 1 places the economic problems of the 1970s in the historical context of postwar development and then compares economic and political science analyses of inflation. Part 2 examines how rivalries between social groups affect inflationary processes. One chapter draws on the history of Latin American inflation to suggest the conflicts in play. Two others weigh the role of labor and industry in the formation of economic policy. And another shows how rivalry between countries, like rivalry between classes at home, permitted inflation to rise. The chapters in part 3 contest the claim that big government or big labor causes inflation. Two studies emphasize that a high degree of public expenditure does not itself lead to inflation. Further contributions explore the role of central banks and subject such concepts as the political business cycle to critical analysis. Part 4 comprises case studies about macroeconomic policymaking in four nations: Italy, Germany, Japan, and Sweden. The studies reveal what institutional attributes rendered those countries resistant to inflation or vulnerable to economic setback. In the last part, the editors pull together the findings and lay out the contemporary political feasibility of alternative approaches to macroeconomic management.

You may also like...