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Gold: The Once and Future Money By Nathan Lewis

GBP 4.60
ApproximatelyAU $8.96
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Located in: South East, United Kingdom
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eBay item number:125723074015
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Item specifics

Condition
Very good: A book that does not look new and has been read but is in excellent condition. No obvious ...
Title
Gold: The Once and Future Money (Agora Series)
ISBN
9780470047668
Publication Name
Gold: the Once and Future Money
Publisher
John Wiley & Sons AND Sons LTD
Subject
Economics
Publication Year
2007
Series
Agora Series
Type
Textbook
Format
Hardcover
Language
English
Item Height
236 mm
Author
Nathan Lewis
Item Weight
698 g
Item Width
169 mm
Number of Pages
464 Pages

About this product

Product Information

For most of the last three millennia, the world?s commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it?s not. It?s one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so, says Nathan Lewis, there is no reason to believe that the great monetary successes of the past four centuries, and indeed the past four millennia, could not be recreated in the next four centuries. In Gold, he makes a forceful, well-documented case for a worldwide return to the gold standard. Governments and central bankers around the world today unanimously agree on the desirability of stable money, ever more so after some monetary disaster has reduced yet another economy to smoking ruins. Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world. He offers an insightful look at money in all its forms, from the seventh century B.C. to the present day, explaining in straightforward layman?s terms the effects of inflation, deflation, and floating currencies along with their effect on prices, wages, taxes, and debt. He explains how the circulation of money is regulated by central banks and, in the process, demystifies the concepts of supply, demand, and the value of currency. And he illustrates how higher taxes diminish productivity, trade, and the stability of money. Lewis also provides an entertaining history of U.S. money and offers a sobering look at recent currency crises around the world, including the Asian monetary crisis of the late 1990s and the devastating currency devaluations in Russia, China, Mexico, and Yugoslavia. Lewis?s ultimate conclusion is simple but powerful: gold has been adopted as money because it works. The gold standard produced decades and even centuries of stable money and economic abundance. If history is a guide, it will be done again. Nathan Lewis was formerly the chief international economist of a firm that provided investment research for institutions. He now works for an asset management company based in New York. Lewis has written for the Financial Times, Asian Wall Street Journal, Japan Times, Pravda, and other publications. He has appeared on financial television in the United States, Japan, and the Middle East.

Product Identifiers

Publisher
John Wiley & Sons AND Sons LTD
ISBN-13
9780470047668
eBay Product ID (ePID)
87821591

Product Key Features

Number of Pages
464 Pages
Language
English
Publication Name
Gold: the Once and Future Money
Publication Year
2007
Subject
Economics
Type
Textbook
Author
Nathan Lewis
Series
Agora Series
Format
Hardcover

Dimensions

Item Height
236 mm
Item Weight
698 g
Item Width
169 mm

Additional Product Features

Country/Region of Manufacture
United Kingdom
Title_Author
Nathan Lewis

Item description from the seller

Business seller information

Value Added Tax number:
  • GB 724498118
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