1st Edition

The Comedy of the Pound (Rev)

By Paul Einzig Copyright 2013
218 Pages
by Routledge

218 Pages
by Routledge

218 Pages
by Routledge

First published in 1933, this book looks at the key events relating to the fluctuations of sterling that surrounded the suspension of the gold standard in September 1931. It explores the idea that monetary authorities receive more recognition and admiration for their work from those abroad than those at home, whether well deserved or not. Indeed, after the economic episodes of September 1931,... Read more

Preface;  1. Introductory  2. The Collapse of the Pound  3. The Flight from the Pound  4. The First Climax  5. The Triumph of the Pound  6. The Flight to the Pound  7. A Fatal Mistake  8. The Exchange Equalization Fund  9. The Conversion Operation  10. The Second Climax  11. The Second Recovery  12. Conclusion;  Appendix I: The Technique of Exchange Control;  Appendix II: The Economics of Exchange Control;  Appendix III: The Exchange Equalization Account

Biography

Einzig, Paul