International Money and the Real World

Front Matter....Pages i-xi
Solving the Crisis in Economic Theory....Pages 1-19
The Conceptual Framework....Pages 20-24
Definitions for a Closed Economy: Illustrated via the Shortage of Saving Hypothesis....Pages 25-78
The Taxonomy of International Money....Pages 79-95
Trade, Money and International Payments....Pages 96-108
International Money and Liquidity....Pages 109-123
Finance and Trade in NUMS v. UMS....Pages 124-145
The Stability of the Purchasing Power of Money....Pages 146-166
Can We Have an International Standard when there is an OPEC Cartel?....Pages 167-201
Can Wages be Fixed in Terms of an International Standard?....Pages 202-213
Euromoney....Pages 216-230
Multinational Corporations and International Transactions....Pages 231-240
Gold: The ‘Barbarous Relic’ for Enforcing Coordinated International Incomes Policies....Pages 241-259
Freely Flexible Exchange Rates....Pages 260-265
Coordinating International Payments and Incomes....Pages 266-271
Back Matter....Pages 272-312