Gold and the Gold Standard
The Story of Gold Money, Past, Present and Future
Published on 27. February 2018
146 pages
978-1-78720-977-0 (ISBN)
Description
Edwin Walter Kemmerer was one of the unsung heroes of the 20th century. A Professor of Economics at Princeton, he was known as the "e;money doctor"e; between the wars, helping countries to establish and maintain strong currencies between 1923 and 1933. He was a firm advocate of the gold standard and favored hard money with convertibility domestic and international.This is his major treatise: Gold and the Gold Standard: The Story of Gold Money, Past, Present, and Future, which was first published in 1944. In it, Kemmerer reviews the history of gold and its outstanding merit as a currency and presents a plan that likely may have saved the world from hyperinflation and the booms and busts of the past 50 years.
