The Gold Standard: Theory, History, and Policy
14.99 €
In stock
The Gold Standard: Theory, History, and Policy
14.99 €
The gold standard is a monetary system that has existed throughout most of the history of human civilization.
A kind of historical law can be formulated: if a region mined gold or had trade relations with regions where gold was mined, then sooner or later a monetary system based on gold coins would be established there. Historians write about the two-thousand-year history of gold coins. By comparison, the modern monetary system based on fiat paper money (convertible into gold or silver) has existed only since the early 1970s, when Richard Nixon "closed the gold window"—that is, for only 40 years.
Recently, projects to establish gold money (for example, gold dinar projects in Arab countries or gold currency in Southeast Asia) have been increasingly discussed worldwide. In the near future, due to the global economic crisis, discussions about alternative monetary systems will inevitably intensify. The essays included in this collection describe the historical and theoretical aspects of the gold standard and analyze alternative reform plans for the modern monetary system.
The book includes works such as "The Manipulation of the Gold Standard" by Ludwig von Mises, "Gold and the International Monetary System" by Giacomo Salerno, "Money Circulation in England in the Seventeenth Century" by T.B. Macaulay, as well as works by other world-renowned economists.
A kind of historical law can be formulated: if a region mined gold or had trade relations with regions where gold was mined, then sooner or later a monetary system based on gold coins would be established there. Historians write about the two-thousand-year history of gold coins. By comparison, the modern monetary system based on fiat paper money (convertible into gold or silver) has existed only since the early 1970s, when Richard Nixon "closed the gold window"—that is, for only 40 years.
Recently, projects to establish gold money (for example, gold dinar projects in Arab countries or gold currency in Southeast Asia) have been increasingly discussed worldwide. In the near future, due to the global economic crisis, discussions about alternative monetary systems will inevitably intensify. The essays included in this collection describe the historical and theoretical aspects of the gold standard and analyze alternative reform plans for the modern monetary system.
The book includes works such as "The Manipulation of the Gold Standard" by Ludwig von Mises, "Gold and the International Monetary System" by Giacomo Salerno, "Money Circulation in England in the Seventeenth Century" by T.B. Macaulay, as well as works by other world-renowned economists.
See also:
- All books by the publisher