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The gold standard could not guarantee price stability , since no central bank had
the power to determine the quantity of its gold ... Keynes's argument that price
stability could only be secured by unshackling money from gold struck his critics
Keynes ' admitted that in the the nineteenth century the gold standard had '
afforded not only a stable exchange but , on the whole , a stable price level also '
. 68 This was due to ' special conditions ' which had passed away . By and large
205 strike soon followed and instead of Monty's defending the gold standard and
completing the deflation on classical lines by making money dearer in England ,
he called upon Ben ( Strong ] to defend it by making it cheaper in America .
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LibraryThing ReviewUser Review - yooperprof - LibraryThing
The biography as Economics textbook. For the non-specialist, the intricacies of modern economic theory can seem as arcane as medieval theology, and certainly Lord Skidelsky devotes scores of pages to ... Read full review
JOHN MAYNARD KEYNES: Vol. II, The Economist as Savior, 1920-1937User Review - Kirkus
The second installment of Skidelsky's three-volume biography of the 20th century's most influential and controversial economist. As in the superb first volume (1986)—which took Keynes (1883-1946 ... Read full review
THE ECONOMIC CONSEQUENCES OF THE
THE TRANSITION TO PEACE
KEYNESS PHILOSOPHY OF PRACTICE
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John Maynard Keynes: Fighting for Britain, 1937-1946
Robert Skidelsky,Robert Jacob Alexander Skidelsky
No preview available - 2001