Gold Standard: Theory, History, Politics
14.99 €
In stock
Gold Standard: Theory, History, Politics
14.99 €
The gold standard is a monetary system that has existed for most of the history of human civilization.
A kind of historical law can be formulated: if gold was mined in a certain region or if it had trade relations with regions where gold was mined, then sooner or later a monetary system based on gold coins is established in this region. Historians write about a two-thousand-year history of gold money. For comparison: the modern monetary system based on non-convertible (for gold or silver) paper money has existed only since the early 70s of the twentieth century, when Richard Nixon "closed the gold window", i.e. only 40 years.
Recently, projects to establish gold money have been increasingly discussed in the world (for example, projects of a gold dinar in Arab countries or a gold currency in Southeast Asia). In the near future, due to the global economic crisis, the discussion of alternative monetary systems will inevitably intensify. The works included in this collection describe the historical and theoretical aspects of the gold standard, and analyze alternative projects for reforming the modern monetary system.
The book presents the works "Manipulation of the Gold Standard" by L. von Mises, "Gold and the International Monetary System" by J. Salerno, "Money Circulation in England in the 17th Century" by T.B. Macaulay, as well as the works of other world-class economists.
A kind of historical law can be formulated: if gold was mined in a certain region or if it had trade relations with regions where gold was mined, then sooner or later a monetary system based on gold coins is established in this region. Historians write about a two-thousand-year history of gold money. For comparison: the modern monetary system based on non-convertible (for gold or silver) paper money has existed only since the early 70s of the twentieth century, when Richard Nixon "closed the gold window", i.e. only 40 years.
Recently, projects to establish gold money have been increasingly discussed in the world (for example, projects of a gold dinar in Arab countries or a gold currency in Southeast Asia). In the near future, due to the global economic crisis, the discussion of alternative monetary systems will inevitably intensify. The works included in this collection describe the historical and theoretical aspects of the gold standard, and analyze alternative projects for reforming the modern monetary system.
The book presents the works "Manipulation of the Gold Standard" by L. von Mises, "Gold and the International Monetary System" by J. Salerno, "Money Circulation in England in the 17th Century" by T.B. Macaulay, as well as the works of other world-class economists.
See also:
- All books by the publisher