"Winner of the 2010 Hayek Book Prize given by the Manhattan
Institute"
""Money, Markets and Sovereignty" is a surprisingly easy read,
given the complicated issues covered. In it, Mr. Steil and Mr.
Hinds consistently challenge today's statist nostrums."--Doug
Bandow, "The Washington Times"
In this keenly argued book, Benn Steil and Manuel Hinds offer
the most powerful defense of economic liberalism since F. A. Hayek
published "The Road to Serfdom" more than sixty years ago. The
authors present a fascinating intellectual history of monetary
nationalism from the ancient world to the present and explore why,
in its modern incarnation, it represents the single greatest threat
to globalization.
Steil and Hinds describe the current state of international
economic relations as both unusual and precarious. Eras of economic
protectionism have historically coincided with monetary
nationalism, while eras of liberal trade have been accompanied by a
universal monetary standard. But today, the authors show, an
unprecedentedly liberal global trade regime operates side by side
with the most extreme doctrine of monetary nationalism ever
contrived--a situation bound to trigger periodic crises. Steil and
Hinds call for a revival of the political and economic thinking
that underlay earlier great periods of globalization, thinking that
is increasingly under threat by more recent ideas about what
sovereignty means.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!