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A Critique of the Gold Standard: 5 (Routledge Library Editions: The Gold Standard) - Hardcover
Book 5 of 8: Routledge Library Editions: The Gold Standard
Synopsis
Originally published in 1933 this book discusses the inadequacy of ‘orthodox Gold Standard theory’ in the light of post-war monetary phenomena. In demonstrating that the Gold Standard had broken down the book explains that the Quantity Theory of Money is an inaccurate explanation of what happens over short periods and that the determining factor in the rise or fall of prices is the Velocity of Circulation. The book makes a plea for a workable Gold Standard operated by an international consortium of Central Banks.
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About the Author
Puxley, H. L.
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A Critique of the Gold Standard
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Taylor & Francis, 2017
ISBN 10: 0815366272
ISBN 13: 9780815366270
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