||0 of 0 people found the following review helpful.| Insightful and influential: a US policy blueprint?|By Roger Bass|An insightful view of global monetary economics that seems even more relevant now than when written. It is that, all the more, given the author's apparent influence in the new US administration (if not yet a formal role, beyond the Transition Team).|10 of 12 people found the following review helpful.|From Publishers Weekly|In the author's masterful treatment, monetary theories come alive. Starting with an overview of the work of John Maynard Keynes and Harry Dexter White, Shelton ( The Coming Soviet Crash ) examines the pivotal gold-based Bretton Woods agre
In this analysis, Shelton calls for a unified international monetary regime—a new Bretton Woods—to lay the foundation for worldwide stability and prosperity in the post-Cold War era.
Despite worldwide rhetoric about free trade and the global economy, the leading economic powers have done little to address the most insidious form of protectionism—the inherently unstable international monetary system. In outlining steps toward a new world monetary...
