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Routledge Revivals reissue ‘Monetary Reform in Theory and Practice’

First Published in 1936, Monetary Reform in Theory and Practice, considers the monetary reform movement that was first proposed and put in place following the First World War. Reissuing this December, this title considers the reform as a whole and the proposals and measures involved.

Books published under the Routledge Revivals program are reissued, out-of-print and unavailable titles, written by some of the leading academic scholars of the last 120 years.

The text considers numerous key arguments surrounding monetary reform, including how the overall impact of the reform in the period was of greater importance than each of the individual procedures that were introduced. As a recent convert to the notion of monetary reform at the time of writing, the author presents a well-balanced account of monetary reform without bias. An authority on the orthodox monetary system, Paul Einzig, an economic and political writer and journalist draws upon his wealth of knowledge and expertise as he gives the reader an insight into the tendencies and spirit of the monetary reform movement. 

One of the most important aspects to be considered by the book is the view that monetary reform alone cannot achieve a desired end without considerable economic planning. The book suggests that monetary reform alone is not enough; instead he suggests the adoption of a broader perspective in order to obtain a compromise.

Although originally published in 1936, the subjects considered by the book remain as relevant as ever. For students and scholars of Economics and Finance, the theories presented in Monetary Reform in Theory and Practice, provide a beneficial insight into the economy at the time of writing, as well as now.

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