Gold Standard in Theory and History

Since the successful first edition of The Gold Standard in Theory and History was published in 1985, much new research has been completed. This updated version contains five new essays including: * post 1990 literature on exchange rate target zones* a discussion of the light shed by the gold standard on the European Monetary Union debate* a new introduction by Eichengreen with Marc FlandreauThis will be an invaluable resource for students of macroeconomics, international economics and economic history at all levels.

ISBN	0415150604	Pages	352
ISBN13	9780415150606 (What's this?)	Volumes	1
Publisher	Taylor & Francis Ltd	Weight (grammes)	667
Imprint	Routledge	Published in	London
Format	Hardback	Height (mm)	234
Publication date	24 Jul 1997	Width (mm)	156
Library of Congress	HF	Spine width (mm)	22
DEWEY	332.4222	Academic level	Undergraduate, Postgraduate, Professional / Scholarly
DEWEY edition	DC21

	Preface and Acknowledgements
1	Editors' introduction by Barry Eichengreen and Marc Flandreau	1
Pt. I	The gold standard in theory	31
2	On the balance of trade by David Hume	33
3	The working of the prewar gold standard by P. B. Whale	44
4	How the gold standard worked, 1880-1913 by Donald N. McCloskey and J. Richard Zecher	57
5	A portfolio-balance model of the gold standard by Trevor J. O. Dick and John E. Floyd	76
6	The gold standard as a rule by Michael D. Bordo and Finn E. Kydland	99
Pt. II	The gold standard in history	129
7	The significance of the gold points by John Maynard Keynes	131
8	The myth and realities of the so-called gold standard by Robert Triffin	140
9	Notes on the working of the gold standard before 1914 by A. G. Ford	161
10	The gold standard since Alec Ford by Barry Eichengreen	187
11	The dynamics of international monetary systems: international and domestic factors in the rise, reign, and demise of the classical gold standard by Jeffry A. Frieden	207
Pt. III	The interwar gold exchange standard	229
12	First interim report	231
13	Report	246
14	The gold exchange standard by Ragnar Nurkse	262
Pt. IV	Bretton Woods and after	289
15	The gold-dollar system: conditions of equilibrium and the price of gold by Milton Gilbert	291
16	The Bretton Woods system: paradise lost? by Barry Eichengreen	313
	Further reading	329
	More...

"This revised edition of "The Gold Standard in Theory and History should feature widely on reading lists in economics and economic history departments. I would certainly encouarge students to read it."-Professor Nick Crafts, London School of Economics

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