Abstract

ABSTRACT De Cecco touched upon several themes: the actual working of the Gold standard; the history of British monetary policy and financial system; the power structure that underlay the organization of the world economy before WWI. De Cecco explored these themes with his habitual clever combination of economic theory, history and awareness of the political and institutional dimension of economic problems. The paper, by the editor of the new Italian edition, assesses the impact of the book on the literature.

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