The Gold Standard Illusion: France, the Bank of France, and the International Gold Standard, 1914-1939

Synopsis

'Mouré is the first historian to make such an extensive use of the archives of the Bank of France. He provides the reader with a well-balanced, complete and up-to-date review of the literature.' -EH. Net Book Review'Scholarly... Mouré tells the story with an impressive narrative verve and, unusually, tries to see the situation from a French perspective.' -Tim Congdon, Times Literary SupplementDid French gold policy cause the Great Depression? The Gold Standard Illusion draws on newly-available French records to test the gold standard interpretation of the Great Depression. It provides a history of French economic understanding, policy-making, and politics with regard to gold, monetary policy, and the key role of financial problems in political instability from 1914 to 1939.

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