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Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an...
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both domestic and international aspects of the monetary regime before World War I has since declined in its relevance. At … and doctrine that developed under the pre-World War I convertible regime proved to be inadequate to deal with domestic … stabilization goals in the interwar period, setting the stage for the Great Depression. In the post-World War II era, the complete …
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This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume...
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"We discuss three well known plans that were offered in the twentieth century to provide an artificial replacement for gold and key currencies as international reserves: Keynes' Bancor, the SDR and the Ecu( predecessor to the euro).The latter two of these reserve substitutes were...
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