The international monetary system and the theory of monetary systems

Part I basic statements and analyses -- 1. The concept of nation -- 2. The theory of exchange -- 3. Equilibrium and disequilibrium -- 4. The demand for money -- 5. Money creation -- 6. The exchange rate -- 7. An overview of monetary systems and exchange rate regimes -- Part II the balance of payments -- 8. The accounting approach to the balance of payments -- 9. The economic approach to the balance of payments -- 10. Lessons from the analysis of the balance of payments -- Part III international monetary equilibrium in modern monetary systems -- 11. Money creation in hierarchical systems -- 12. Inflation, a monetary phenomenon -- 13. The formation of international prices -- 14. General principles about the working of fixed exchange rate systems and flexible exchange rate systems -- 15. The monetary approach to the balance of payments (under fixed exchange rates) -- 16. The processes of transmission between monetary systems under fixed exchange rates -- 17. International monetary equilibrium under fixed exchange rates -- 18. The monetary approach to exchange rate variations -- 19. The devaluation -- Part IV monetary problems -- 20. The very long term evolution of monetary systems -- 21. The working of fixed rate systems without an international currency -- 22. Monetary policy and monetary crises -- 23. Monetary integration in Europe -- Conclusion: the future of monetary systems.