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Item Details
Title: MONEY, MARKETS, AND SOVEREIGNTY
By: Benn Steil, Manuel Hinds
Format: Paperback

List price: £28.00
Our price: £25.20
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You save: £2.80
ISBN 10: 0300164580
ISBN 13: 9780300164589
Availability: Usually dispatched within 1-3 weeks.
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Publisher: YALE UNIVERSITY PRESS
Pub. date: 30 March, 2010
Series: Council on Foreign Relations Books
Pages: 304
Description: Offers the defence of economic liberalism. This book presents an 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. It describes the state of international economic relations as both unusual and precarious.
Synopsis: 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.
Illustrations: 50 b-w illus.
Publication: US
Imprint: Yale University Press
Returns: Returnable
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