Symmetallism: An Alternative to Orthodox Bimetallism, 1st Edition (Hardback) book cover


An Alternative to Orthodox Bimetallism, 1st Edition

By Barthold A. Butenschøn


194 pages

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Originally published in 1936, this book discusses the post-War reconstruction of the monetary system. It examines the American use of silver and changes to China's currency system and asks whether a combination of gold and silver would not be a better solution than a pure Gold Standard. The book discusses to what extent it is possible to unite the advantages of an orthodox metallic standard with the greater elasticity which was required. Using geometry, the author gives a more complete picture of the relationships involved in Symmetallism and a theoretical account of the symmetallic Bullion Standard.

Table of Contents

1. Introduction 2. Fundamentals 3. Regulation of Central Reserves 4. The Supply of Metals 5. Variations in the Quantity Relation 6. International Implications 7. Domestic Autonomy 8. The Transition to a Symmetallic Standard 9. Mr. Roosevelt's Silver Policy 10. Conclusion. Appendix: 1. Fundamental Equations 2. Price Connections 3. Price Level and Purchasing Power of Money 4. The Value of the Metal Stock 5. Alteration of the Metal Content of the Unit

About the Series

Routledge Library Editions: The Gold Standard

Re-issuing 8 seminal volumes in the history of economics, originally published between 1930 and 1987, but which still have enduring validity, the volumes in this set byBarthold A. Butenschøn, Karl Gustav Cassel, G. D. H. Cole, Diane B. Kunz, H. L. Puxley, George F. Warren and Frank A. Pearson and Charles Morgan Webb:

  • Set the British political and financial crisis of 1931 in an international context


  • Provide a definitive account of an exciting episode in British politics


  • Discuss the inadequacy of ‘orthodox Gold Standard theory’ in the light of post-war monetary phenomena


  • Form an invaluable commentary on the monetary instability of these crucial years


  • Represent an influential study of the relationship between the prices of gold and other commodities

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic Conditions
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Comparative