Sterling - A Plea For...
In Sterling: A Plea for Moderation, economist and former politician Douglas Jay presents an exhaustive and thought-provoking analysis of the British pound and economic policy. Disputing the popular monetarist orthodoxies of the late 20th century, Jay argues that the price of full employment does not have to be runaway inflation. Tracing the fascinating history of Sterling from its silver roots, the gold standard, and its relationship with the U.S. dollar through to the post-war economy and petro-pound era, this work advocates for balanced economic moderation, a workable incomes policy, and rational economic law.
Author: Douglas Jay

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