"This book started out as a biography of the dollar, not of a man. It was intended to be an international version of the story I had told in The New Lombard Street: How the Fed Became the Dealer of Last Resort (2011). That book was a biography of the Fed, as seen through the analytical lens of...

Discusses two basic principles of international short-term capital movements: that short-term capital in the balance of payments and in a national banking system should be regarded as equivalent to gold and that equilibrium in the foreign-exchange market and in the balance of payments can be...

1: Financial Crises: a Hardy Perennial -- 2: The Anatomy of a Typical Crisis.-3: Speculative Manias -- 4: Fueling the Flames: the Expansion of Credit -- 5: The Critical Stage – When the Bubble Is About To Pop -- 6: Bernie Madoff: Frauds, Swindles, and the Credit Cycle -- 7: Domestic Contagion:...

Frontmatter -- Preface -- Contents -- 1. Comparative Economic History -- 2. Group Behavior and International Trade -- 3. The Rise of Free Trade in Western Europe, 1820 to 1875 -- 4. The Formation of Financial Centers -- 5. Commercial Expansion and the Industrial Revolution -- 6. European Port...

Frontmatter -- ACKNOWLEDGMENTS -- CONTENTS -- INTRODUCTION -- CHAPTER 1. AN OUTLINE OF FRENCH AND BRITISH ECONOMIC GROWTH SINCE 1851 -- CHAPTER 2. RESOURCES -- CHAPTER 3. CAPITAL -- CHAPTER 4. POPULATION -- CHAPTER 5. SOCIAL DETERMINANTS OF GROWTH -- CHAPTER 6. ENTREPRENEURSHIP -- CHAPTER 7....

Frontmatter -- ACKNOWLEDGMENTS -- CONTENTS -- TABLES -- FIGURES -- INTRODUCTION -- CHAPTER I. The Lewis Model of Growth with Unlimited Supplies of Labor -- CHAPTER II. Fast-Growing Developed Economies with Expanding Labor Supply: Germany, Italy, Switzerland, and the Netherlands -- CHAPTER III....