The Gold Standard and Related Regimes: Collected Essays (Studies in Macroeconomic History) [Hardcover]

Michael D. Bordo (Author)

Book Description

ISBN-10: 0521550068 | ISBN-13: 978-0521550062 | Publication Date: May 13, 1999

This book contains a collection of Michael D. Bordo's essays written singly and with colleagues on the classical gold standard and related regimes based directly or indirectly on gold convertibility. The gold standard (and its variants) was the basis for both international and domestic monetary arrangements from the third quarter of the nineteenth century until 1971 when President Nixon closed the US gold window, effectively ending the Bretton Woods International Monetary System. Although the gold standard and its variants are now history, it still has great appeal for policymakers and scholars.

Editorial Reviews

Review

"Michael Bordo is to be commended for having given us a volume of collected essays (some written jointly with others) that admirably blend theory and history in five parts treating doctrinal thought, gold as a commodity standard, the gold standard as a contingent rule, historical cases, and the Bretton Woods system...this is a provocative and stimulating collection of essays that deserve the careful consideration of scholars and policymakers alike. It opens the door to many avenues of fruitful research that will almost certainly better our understanding of regime change and its significance for economic performance." Journal of Economics

Book Description

This book contains a collection of Michael D. Bordo's essays written singly and with colleagues on the classical gold standard and related regimes based directly or indirectly on gold convertibility. The gold standard (and its variants) was the basis for both international and domestic monetary arrangements from the third quarter of the nineteenth century until 1971 when President Nixon closed the US gold window, effectively ending the Bretton Woods International Monetary System. Although the gold standard and its variants are now history, it still has great appeal for policymakers and scholars.

Product Details

• Hardcover: 540 pages
• Publisher: Cambridge University Press (May 13, 1999)
• Language: English
• ISBN-10: 0521550068
• ISBN-13: 978-0521550062
• Product Dimensions: 9.4 x 6.5 x 1.3 inches
• Shipping Weight: 1.9 pounds (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,022,919 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

4.0 out of 5 stars Much old stuff, but a nice overview, October 25, 2001

By 

M. Mcfarland - See all my reviews
(REAL NAME)   

This review is from: The Gold Standard and Related Regimes: Collected Essays (Studies in Macroeconomic History) (Hardcover)

This is a collection of Bordo's scholarly work on the Gold Standard. It's mostly academic in style and contains quite a lot which will be beyond the generalist reader. Also, there is little here that will be new for those who know the topic well.

What I did like was the introductary chapters which describe how the system worked at different times and also how differently its workings were percived amongst central figures at the time. I found this very useful since most texts would have you believe that the system was a smooth functioning and uniform entity. It obviously wasn't. Thank you MB for this valuable insight.