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Gold and International Monetary Stability
Gold International Monetary Stability exchange rate stability
2008/12/17
In this paper I shall consider three aspects of the problem of international
monetary stability, by which I mean exchange rate stability:
(1) Under what conditions is exchange rate stability possibl...
Why Gold?
Alternative monetary systems gold
2008/12/17
Alternative monetary systems cannot be evaluated in isolation, but
only in comparison with other arrangements. The question “why
gold?” thus divides into two other questions. The first is “compared
...
AN INTERNATIONAL GOLD STANDARD WITHOUT GOLD
INTERNATIONAL GOLD STANDARD national currencies
2008/12/3
What can history tell us about the desirability, and feasibility, of
maintaining fixed exchange rates between national currencies when
capital is highly mobile? The workings of the international gol...
MONETARY REFORM IN RUSSIA:THE CASE FOR GOLD
MONETARY REFORM RUSSIA GOLD International MonetaryFund
2008/11/22
Convertibility, Monetary Overhang,
and Central Banking
In the earlydebate about monetary reform in Russia, convertibility
seemed to be something both separate and more urgent than stability.
As th...
Ludwig von Mises is well-known for his uncompromising defense
of the gold standard during a period when that standard was being
denounced by most other prominent economists. Mises’ reasons for
pref...