First published in 1936, this book gives the reader an insight
into the tendencies and spirit of the monetary reform movement as a
whole, as accomplished or proposed since the First World War. The
author marks the consideration of the overall reform as being more
important than specifically looking at the actual proposals and
measures involved, and the views he attributes to the various
monetary reform schools are therefore composite views of the
various factions of those schools. As a comparatively recent
convert to the idea of monetary reform, at the time of writing, the
author offers a balanced view of the subject as he also has
extensive experience of the ideas of the orthodox monetary system.
However, he does not believe that monetary reform alone can achieve
the desired end without considerable economic planning. Indeed, he
suggests that the monetary reform movement he discusses desperately
needs to adopt a broader perspective and thus, he suggests a
compromise.
General
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