An Intellectual History of Resource-Based International Currency
An Intellectual History of Resource-Based International Currency

Author(s): Nikolay Nenovsky
Subject(s): History, Economy, Supranational / Global Economy, Business Economy / Management, Economic history, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: international currency; commodity currency; J. Goudriaan; J.de Largentaye; Pierre Mendes France
Summary/Abstract: In this paper, we outline the main point of the debates in the past, including the positions of the leading economists who have supported the idea of resource based international currency, such as S. Jevons, A. Marshall, F. Hayek, M. Friedman, JM. Keynes, H. Grubel, A. Hart, N. Kaldor, R. Cooper, several French politicians and scholars (such as L. Fizaine, J. de Larentaye, G. Ardant, P. Mendes France and S. de Brunhoff). Special attention is paid to the fathers of the idea - the two Benjamin and Frank Graham, and the Dutchman Jan Goudriaan.

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