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Money and Empire: Charles P. Kindleberger and the Dollar System: Studies in New Economic Thinking

Autor Perry Mehrling
en Limba Engleză Hardback – 3 aug 2022
"This book started out as a biography of the dollar, not of a man. It was intended to be an international version of the story I had told in The New Lombard Street: How the Fed Became the Dealer of Last Resort (2011). That book was a biography of the Fed, as seen through the analytical lens of the "money view," an approach to monetary theory that I had been developing in the classroom for the previous decade. The new project was supposed to extend the money view to a theory of foreign exchange and the international monetary system and in doing so would enable the story of the emerging market-based credit system to encompass the story of financial globalization and the spreading dollar system. As in the previous book, I planned a story of institutional development as context for a story of economic thought development, this time international rather than domestic. Fortunately for me, my plan attracted support from the initial grant round of the fledgling Institute for New Economic Thinking (INET), which I gratefully acknowledge. But already in the first year the project began to change shape, and I decided not to request renewal"--
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Specificații

ISBN-13: 9781009158572
ISBN-10: 1009158570
Pagini: 310
Dimensiuni: 158 x 235 x 19 mm
Greutate: 0.61 kg
Ediția:Nouă
Editura: Cambridge University Press
Colecția Cambridge University Press
Seria Studies in New Economic Thinking

Locul publicării:New York, United States

Cuprins

Preface; Introduction; Part I. Intellectual Formation, 1910–1948; 1. Golden boy; 2. Columbia; 3. Hot money; 4. A good war; Part II. International Economist, 1948–1976; 5. Tech; 6. The dollar system; 7. Among economists; Part III. Historical Economist, 1976–2003; 8. Independence; 9. Chef d'oeuvre; 10. Leadership.

Recenzii

'The discipline of economics is balanced, somewhat unsteadily, between two legs, with the skill of the historian on one side and of the mathematical modeler on the other. In the second half of the 20th century, the tide flowed strongly to elevate the second leg and to diminish the first. In this delightful biography of Charlie Kindleberger, a charming and loveable man, Perry Mehrling shows how Charlie, in his chosen role, as an international monetary economist, fought against that tide, often unsuccessfully. Perry writes so beautifully that one would only need a smattering of economics to enjoy the tale; while if one is interested in the history of economic thought in international monetary economics, then this book is, of course, a must read.' Charles Goodhart, Centre for Economic Policy Research
'Like many legendary session players who never quite topped the charts, in his day Charles Kindleberger was revered by those hip enough to know great work when they saw it. So roll over Friedman and Samuelson. As Perry Merhling's erudite biography makes clear, to understand the urgent, real-world economic problems of our time, set aside the pop hits of yesterday (and today), and reach for Charlie's enduring, classic contributions.' Jonathan Kirshner, Boston College
'As a 'literary' economist, Charlie Kindleberger thought he was professionally behind the times. As an economic historian, however, he studied financial crises before that became fashionable, and he practiced experience-based learning well before modern economists rediscovered it. Mehrling's study shows that Kindleberger in fact was ahead of, not behind, his times. This is a fine biography of both a great twentieth-century economist and the U.S. dollar as the world's premier reserve currency during Kindleberger's long career.' Richard Sylla, Professor Emeritus of Economics, New York University
'Perry Mehrling's elegantly written biography of the MIT economist Charles Poor Kindleberger illuminates the relationship between money and the global structure of economic and political power.' Herman Mark Schwartz, phenomenalworld.org

Notă biografică


Descriere

A history of international finance as seen through the eyes of Charles P. Kindleberger, one of its keenest observers.