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J. К. Galbraith begins his book on the history and current problems of money with the following statement: “There is much that is diverting in the history of money, but even more that provides a rich reflection of human behavior and human folly.”
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- Copyright © 1978 Fédération Internationale des Sociétés de Philosophie / International Federation of Philosophical Societies (FISP)
References
1 J. K. Galbraith, Money. Whence it Came, Where it Went, Boston, 1975, p. 3.
2 I. A. Trachtenberg, "Paper Money" (1924), published in his book Monetary Relations and Credit under Capitalism, Moscow, USSR Acadamy of Sciences, 1962, p. 27.
3 R. Triffin, The Evolution of the International Monetary System; Historical Reappraisal and Future Perpectives, Princeton, University Press, 1964, p. 58-59.
4 Ibid.
5 H. Schurtz, Grundriss einer Enstehungsgeschichte des Geldes, Weimar, 1898, p. 82.
6 P. Einzig, Primitive Money in its Ethnological, Historical and Economic Aspects, Oxford, 1966, p. 205.
7 F. Engels, Letter to K. Schmidt, 27 October 1890, in K. Marx and F. Engels, Works, Vol. 37, p. 415.
8 T. Green, The World of Gold Today, London, 1973, Ch. 3.
9 For the lay French reader the features of the gold standard, and the problems of gold in general are well treated in the book: Eric Chanel, L'or, P. Retz, 1974.
10 Arthur Hailey, The Money-Changers, New York, Bantam Books, 1975, p. 145.
11 Karl Marx, Das Kapitai, vol. 1, in K. Marx and F. Engels, Works, vol. 23, p. 104 (Russian edition).
12 K. Marx, Das Kapital, vol. 3; in K. Marx and F. Engels, Works, vol. 25 part II, p. 120 (Russian edition).
13 Money Circulation and Credit in Capitalist Countries, Ed. L. N. Krasavina, Moscow, "Finance," 1977, p. 20.
14 R. Triffin, Op. cit., p. 13.
15 J. K. Galbraith, Money, p. 296.
16 A. V. Anikin, The Currency Crisis in the West. Moscow, "Science" ("Nauka"), 1975, p. 81 et seq.
17 D. V. Smyslov, "The Crisis in the Capitalist Currency System and the Search for a Solution," In World Economics and International Relations, 1976, No. 9, p. 39.
18 In Soviet Literature, the idea of the modification and limitation of the monetary functions of gold is most profoundly studied in C. M. Borissov's book Gold in the Economy of Contemporary Capitalism, Moscow, ‘Finance,' 1968.
19 The Banker, February 1973, p. 138.
20 The Banker, March 1975, p. 11.
21 Ibid.
22 New Encyclopaedic Dictionary, ed. F. A. Brockhaus and I. A. Yefron, vol. 18, St. Petersburg, 1914, p. 795.
23 Arthur Hailey, The Money-Changers, page 323.