Search for Stable Money: Essays on Monetary Reform [Hardcover]

James A. Dorn (Editor), Anna Jacobson Schwartz (Editor)

Product Details

• Hardcover: 400 pages
• Publisher: University of Chicago Press (July 1987)
• Language: English
• ISBN-10: 0226158292
• ISBN-13: 978-0226158297
• Product Dimensions: 9 x 6 x 1 inches
• Shipping Weight: 1.4 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #6,059,098 in Books (See Top 100 in Books)

Customer Reviews

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5.0 out of 5 stars A great collection of well-written, useful essays for financial/monetary reform, January 6, 2010

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1000Books "1000Books" (NY,NY) - See all my reviews

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This review is from: The Search for Stable Money: Essays on Monetary Reform (Paperback)

This is one of the best collection of essays I've read on the topic of stable money. The collection begins at the beginning of the argument for monetary policy. The author does an excellent job of showing both sides of the argument in a point, counter-point essay vs. essay sort of style.

The essays chosen are from some of the best very best names on the topic. Even though the copyright is from 1983, the articles are pertinent even today. Even more helpful to those of us too young to remember, the history that is told through the essays is far more detail than you usually receive in such a collection or work on the topic.

It was fascinating to realize that there was once a period when the main argument surrounding monetary policy dealt with national security (for Europe). Essays on German and Scottish perspectives were really unique perspectives.

The final essay "Toward a Free Market Monetary System" gives us a view of the time before the Euro and a reminder of what happens when there are so many currencies.

The early discussions on a "monetary constitution" are some of the better reads I've seen as a cautionary tail of the dangers of having the wrong people involved in managing/stabilizing money.

This book is rarely available on Amazon. I know because I had to replace it. If you're doing research on monetary policy, liquidity, or crisis, I would recommend this reading.