336 pages | 25 B/W Illus.
This book presents the lifelong and ongoing research of Lawrence H. Officer in a systematic way. The result is an authoritative treatment of such issues as market structure and economic efficiency where more than one characteristic of a commodity is priced, both in general and in application to shipping conferences; financing of the United Nations and International Monetary Fund; monetary history of the UK and US; and central-bank preferences between gold and dollars,
The book first examines multidimensional pricing, defined as pricing when a commodity or service has several characteristics that are priced. The second partis concerned with country-group conflicts in the United Nations and International Monetary Fund. The book then takes a fresh look at historical experiences of monetary-standard upheavals and the final part considers a crucial time (1958-67), during which central-bank gold-dollar decisions were power-politically determined.
'As one who has been stimulated by Officer's work and who has relied on some of it in my own, I welcome this collection of articles from a researcher who richly deserves the accolade, "a scholar's scholar.' - Reviewed for EH.NET by Richard Sylla, Department of Economics, Stern School of Business, New York University
'Those new to Officer's scholarship will find the contents of this edition broad-based, substantive, and thought-provoking. Those already familiar with his research will find the reintroduction to his thinking in such a systematic way a refreshing revisit of a lifetime's worth of intellectual effort. Both groups will find this a rewarding book.' Mark E. Duckenfield, Economic History Review
1. The Optimality of Pure Competition in the Capacity Problem 2. Monopoly and Monopolistic Competition in the International Transportation Industry 3. Discrimination in the International Transportation Industry 4. Demand Conditions under Multidimensional Pricing 5. Are International Monetary Fund Quotas Unfavorable to Less-Developed Countries?: A Normative Historical Analysis 6. An Assessment of the United Nations Scale of Assessments from a Developing-Country Standpoint 7. An Assessment of the United Nations Scale of Assessments, 1946-1994 8. Financing the United Nations and International Monetary Fund: A Country-Group Analysis 9. The Bullionist Controversy: A Time-Series Analysis 10. The U.S. Specie Standard, 1792-1932: Some Monetarist Arithmetic 11. The Quantity Theory in New England, 1703-1749: New Data to Analyze an Old Question 12. Reserve-Asset Preferences in the Crisis Zone, 1958-67 13. What Was the Price of Gold Then?: Importance, Measurement, and History 14. What Was the Price of Gold Then?: A Data Study