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Monetary Stability: First Edition
Paperback
AccountingEconomicsInvesting & Finance
ISBN13: 9781025851112
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 198
Weight: 0.63
Height: 0.42 Width: 6.14 Depth: 9.21
Language: English
Monetary Stability is a significant contribution to early twentieth-century economic theory, focusing on the critical mechanisms required to achieve and maintain financial equilibrium in a volatile global market. Written by John Rotherford Bellerby during the transformative interwar period, this work addresses the complex relationship between monetary policy, price levels, and industrial stability. Bellerby explores the theoretical foundations of currency management, arguing for deliberate interventions to prevent the cyclical extremes of inflation and deflation that plagued post-WWI economies.
The text provides a rigorous analysis of the tools available to central banks and governments to foster a predictable economic environment. It delves into the practicalities of credit control, the role of the gold standard, and the social implications of monetary fluctuation, particularly concerning unemployment and labor. As a primary source for understanding the evolution of modern macroeconomics, Monetary Stability reflects the burgeoning shift toward proactive fiscal and monetary oversight. This volume remains an essential resource for scholars of economic history, offering profound insights into the debates that shaped contemporary banking systems and international trade policies.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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