| A Critique of the Gold Standard Contributor(s): Puxley, H. L. (Author) |
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ISBN: 0815366272 ISBN-13: 9780815366270 Publisher: Routledge OUR PRICE: $158.40 Product Type: Hardcover - Other Formats Published: November 2017 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economic History - Business & Economics | Economic Conditions - Business & Economics | Economics - Comparative |
| Series: Routledge Library Editions: The Gold Standard |
| Physical Information: 274 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Originally published in 1933 this book discusses the inadequacy of 'orthodox Gold Standard theory' in the light of post-war monetary phenomena. In demonstrating that the Gold Standard had broken down the book explains that the Quantity Theory of Money is an inaccurate explanation of what happens over short periods and that the determining factor in the rise or fall of prices is the Velocity of Circulation. The book makes a plea for a workable Gold Standard operated by an international consortium of Central Banks. |