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Since 1971, when the Bretton Woods gold exchange standard ended, the world has been on a fiat monetary regime, with various fiat currencies managed according to the discretion of the issuing country. Inherent in this regime is a basic problemâthe ease with which the system lends itself to political manipulation. This study examines the emerging fiat regime in a world of nation states determined to preserve their sovereignty from erosion by the global economy and places this process in its economic, historical, and political perspective.
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Yes, you can access Political Economy of Money by George Macesich in PDF and/or ePUB format, as well as other popular books in Economia & Politica economica. We have over one million books available in our catalogue for you to explore.
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Table of contents
- Contents
- Preface
- 1. The Issue of Money
- 2. Fiat Money: Historical Perspective
- 3. Muddling Through to a Fiat Monetary Regime: The Interwar Years
- 4. The Emerging Postwar Fiat Monetary Regime: Myth, Fact, and Fancy
- 5. The PostâBretton Woods Regime: Attempts at Reform
- 6. The International Monetary Fund and Its Prospects
- 7. Echoes from the Past
- 8. What Is to Be Done?
- Selected Bibliography
- Index