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Gold and the Gold Standard (International Finance) by Kemmerer, Edwin Walter, 1875-1945 is a book available to read on EtoBox.

What is Gold and the Gold Standard (International Finance) about?

Edwin Walter Kemmerer is one of the unsung heroes of the 20th century. A professor of economics at Princeton, he was known as the "money doctor" between the wars, helping countries to establish and maintain strong currencies between 1923 and 1933. He was a firm advocate of the gold standard, writing in the classical and Misesian tradition. He favored hard money with convertibility domestic and international. This is his major Gold and the Gold The Story of Gold Money, Past, Present, and Future . He reviews the history of gold and its outstanding merit as a currency. Writing in 1944, he presented a plan that would have save the entire world from hyperinflation and the booms and busts we've experienced for 50 years. It was really Kemmerer vs. Keynes in those years, and it is a tragedy that Keynes prevailed. Nonetheless, the great book is newly in print so that we can see what might have been and what could be again. Following Kemmerer, the world would turn away from paper money and again embrace hard money. Kemmerer was a favorite of Murray Rothbard's, and Murray loved this particular book. To be sure, Kemmerer doesn't go as far as Rothbard or Mises in demanding the abolition of the

Author
Kemmerer, Edwin Walter, 1875-1945
Publisher
Ayer Co Pub
Published
1979
Language
EN
ISBN
9780405112294
Subjects
Economics, Finance, Business

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