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Money and Empire: Charles P. Kindleberger and the Dollar System

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Charles Kindleberger ranks as one of the twentieth century's best known and most influential international economists. This book traces the evolution of his thinking in the context of a 'key-currency' approach to the rise of the dollar system, here revealed as the indispensable framework for global economic development since World War II. Unlike most of his colleagues, Kindleberger was deeply interested in history, and his economics brimmed with real people and institutional details. His research at the New York Fed and BIS during the Great Depression, his wartime intelligence work, and his role in administering the Marshall Plan gave him deep insight into how the international financial system really operated. A biography of both the dollar and a man, this book is also the story of the development of ideas about how money works. It throws revealing light on the underlying economic forces and political obstacles shaping our globalized world.

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  • Provides a history of international finance as a set of evolving institutions and evolving theories about how the system works
  • Provides a practitioner's eye view of central banking (1936–1942), war and reconstruction (1942–1948), contrasting with the more common top-down history
  • Provides a key-currency account of the rise of the dollar system, contrasting with the more common myth of multilateralism at Bretton Woods
Author: Mehrling Perry
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pages: 310
ISBN: 9781009158572
Cover: Hardback
Edition Number: 1
Release Year: 2022

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.

Perry Mehrling is Professor of International Political Economy at Boston University.

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