The Tragedy of the Pound (Routledge Revivals)

Name: The Tragedy of the Pound (Routledge Revivals)
Brand: Unknown
SKU: 9780415819411
Price: 341.0 NZD
Availability: InStock

By Paul Einzig

Series: Routledge Revivals

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Summary

The Tragedy of the Pound explores the suspension of the gold standard in Britain and the economic turmoil of September 1931. Paul Einzig examines the multifaceted causes behind the collapse of the pound, emphasising that its downfall was inevitable due to deep-rooted factors beyond individual or national errors.
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Format: Hardback

$341⁰⁰

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The Tragedy of the Pound (Routledge Revivals)

$341⁰⁰

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This book is ideal for students and scholars of economic history, finance professionals, and readers interested in the historical interplay of currencies and global economic policies.

First published in 1932, this book discusses the suspension of the gold standard in Britain, and the economic events surrounding September 1931. It argues that despite specific errors made by individuals, groups, and individual nations, the attempts to save the pound had little chance of recovery.

Description

First published in 1932, this book discusses the suspension of the gold standard in Britain, and the economic events surrounding September 1931. It argues that, despite specific errors made by individuals, groups, and individual nations, the attempts to save the pound had little chance of recovery.

Indeed, years before its collapse, powerful, fundamental factors had been eroding its stability. Hence, the author does not entirely blame the influence of French policy, or Great Britain’s political and economic decline after the war, but states that the collapse of sterling was co-ordinated by several factors of importance.