{"product_id":"the-gold-standard-and-related-regimes-collected-essays-paperback-9780521022941","title":"The Gold Standard and Related Regimes; Collected Essays (Paperback \/ softback) 9780521022941","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Gold Standard and Related Regimes\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eCollected Essays\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eBordo's classic essays on the gold standard and related regimes based directly or indirectly on gold convertibility.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eMichael D. Bordo (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521022941, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 17 November 2005\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e540 pages, 100 b\/w illus.  24 tables\u003cbr\u003e23 x 15.5 x 3.5 cm, 0.799 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"Michael Bordo is to be commended for having given us a volume of collected essays (some written jointly with others) that admirably blend theory and history in five parts treating doctrinal thought, gold as a commodity standard, the gold standard as a contingent rule, historical cases, and the Bretton Woods system...this is a provocative and stimulating collection of essays that deserve the careful consideration of scholars and policymakers alike. It opens the door to many avenues of fruitful research that will almost certainly better our understanding of regime change and its significance for economic performance.\"   Journal of Economics\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis book contains a collection of Michael D. Bordo's essays, written singly and with colleagues, on the classical gold standard and related regimes based directly or indirectly on gold convertibility. The gold standard (and its variants) was the basis for both international and domestic monetary arrangements from the third quarter of the nineteenth century until 1971 when President Nixon closed the US gold window, effectively ending the Bretton Woods International Monetary System. Although the gold standard and its variants are now history, it still has great appeal for policymakers and scholars. Several desirable features of the gold standard have resources for the ongoing issue of international monetary reform. They include its record as a stable nominal anchor; its automaticity; and its role as a credible commitment mechanism. The essays in this collection are organized around several themes: gold and the international monetary system; the commodity theory of money; the gold standard as a rule; variants of the gold standard including the interwar gold standard and the Bretton Woods International Monetary System.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eForeword Anna J. Schwartz\u003cbr\u003e 1. The gold standard and related regimes: introduction to the collection\u003cbr\u003e Part I. History of Doctrine and the Gold Standard: 2. The gold standard: theory\u003cbr\u003e 3. The gold standard: the traditional approach\u003cbr\u003e 4. John E. Cairnes on the effects of the Australian gold discoveries, 1851–73: an early application of the methodology of positive economics\u003cbr\u003e Part II. The Gold Standard as a Commodity Standard: 5. The classical gold standard: some lessons for today\u003cbr\u003e 6. A model of the classical gold standard with depletion written with Richard Wayne Ellson\u003cbr\u003e Part III. The Gold Standard as a Contingent Rule: 7. The gold standard as a commitment mechanism written with Finn E. Kydland\u003cbr\u003e 8. The operation of the specie standard: evidence for core and peripheral countries, 1880–1990 written with Anna J. Schwartz\u003cbr\u003e 9. The gold standard as a 'Good Housekeeping Seal of Approval' written with Hugh Rockoff\u003cbr\u003e Part IV. Historical Case Studies: 10. A tale of two currencies: British and French finances during the Napoleonic Wars written with Eugene N. White\u003cbr\u003e 11. Money, deflation and seigniorage in the fifteenth century: a review essay\u003cbr\u003e Part V. The Bretton Woods International Monetary System: 12. The Bretton Woods International Monetary System: a historical overview\u003cbr\u003e 13. Is there a good case for a Bretton Woods International Monetary System? Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Monetary economics [\u003ca title=\"See our other books on Monetary economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Monetary%20economics%20%5BKCBM%5D%22\"\u003eKCBM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46006170091800,"sku":"9780521022941","price":45.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521022941i.jpg?v=1694963605","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-gold-standard-and-related-regimes-collected-essays-paperback-9780521022941","provider":"Freshly Printed Books","version":"1.0","type":"link"}