I am looking for books on international monetary theory. Hopefully the content would combine theory and practice, for example:
thoery goes first, then an examination of the international monetary history from before WWI to (if possible) current days. It is even better If there is a good critic about international monetary system based gold standard, fiat currency and fixed/floating exchange.
I found a book "Internationa monetary economics" by Michael Heilperin that seems to discuss what I am looking for. Haven't read it yet, any comments on this book? Any other books on top your mind?
Thank you very much.
krugman and obstfield - best intermediate international economics textbook on the planet.
Ambition is a dream with a V8 engine - Elvis Presley
Thanks a lot! Just wondering why there are few Austrian books dedicated to this topic.
I have Heilperin's book too, but still need to go through it. Aside from him, I think it would be worth checking out the work of Jacques Rueff and Charles Rist, some of which is published for free on this site.
"When the King is far the people are happy." Chinese proverb
For Alexander Zinoviev and the free market there is a shared delight:
"Where there are problems there is life."
Rothbard's What Has Government Done to Our Money
Hazlitt's Battle with Bretton Woods
How about "Monetary Nationalism and International Stability" by Hayek?
"If we wish to preserve a free society, it is
essential that we recognize that the desirability of a particular
object is not sufficient justification for the use of coercion."
To really understand the behavior of a currency on the Forex market it is important to see how it has behaved over a period of time. Taken over the course of a very short space of time, it is possible to make data mean just about anything. This, in turn, means that the data will be almost worthily.
Selling Gold For Cash