Gold:TheOnceandFutureMoney黄金:以前的与未来的货币

分類: 图书,进口原版书,经管与理财 Business & Investing ,
作者: Nathan Lewis著
出 版 社:
出版时间: 2007-5-1字数:版次: 1页数: 447印刷时间: 2007/05/01开本: 16开印次: 1纸张: 胶版纸I S B N : 9780470047668包装: 精装内容简介
For most of the last three millennia,the world’s commercial centers have used one or another variant of a gold standard。It should be one of the best understood of human institutions,but it’s not。It’s one of the worst understood,by both its advocates and detractors。Though it has been spurned by governments many times,this has never been due to a fault of gold to serve its duty,but because governments had other plans for their currencies beyond maintaining their stability。And so,says Nathan Lewis,there is no reason to believe that the great monetary successes of the past four centuries,and indeed the past four millennia,could not be recreated in the next four centuries。In Gold,he makes a forceful,well-documented case for a worldwide return to the gold standard。
Governments and central bankers around the world today unanimously agree on the desirability of stable money,ever more so after some monetary disaster has reduced yet another economy to smoking ruins。Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world。He offers an insightful look at money in all its forms,from the seventh century B.C. to the present day,explaining in straightforward layman’s terms the effects of inflation,deflation,and floating currencies along with their effect on prices,wages,taxes,and debt。He explains how the circulation of money is regulated by central banks and,in the process,demystifies the concepts of supply,demand,and the value of currency。And he illustrates how higher taxes diminish productivity,trade,and the stability of money。Lewis also provides an entertaining history of U.S.money and offers a sobering look at recent currency crises around the world,including the Asian monetary crisis of the late 1990s and the devastating currency devaluations in Russia,China,Mexico,and Yugoslavia。
Lewis’s ultimate conclusion is simple but powerful: gold has been adopted as money because it works。The gold standard produced decades and even centuries of stable money and economic abundance。If history is a guide,it will be done again。
Nathan Lewis was formerly the chief international economist of a firm that provided investment research for institutions。He now works for an asset management company based in New York。Lewis has written for the Financial Times,Asian Wall Street Journal,Japan Times,Pravda,and other publications。He has appeared on financial television in the United States,Japan,and the Middle East。
目录
Foreword
Preface
PART ONE:MONEY IN ALL ITS FORMS
CHAPTER 1:Good Money Is Stable MoneyHow People Make a Living through Monetary Cooperation
CHAPTER 2:Hard Money and Soft MoneyCurrencies and Economies around the World--flora theSeventh Century BC to the Twenty-First Century AD
CHAPTER 3:Supply,Demand,and the Value of CurrencyHow the Value and Quantity of MoneyAre Regulated by Central Banks
CHAPTER 4:Inflation,Deflation,and Floating CurrenciesThe Effects of Monetary Distortion on the Economy
CHAPTER 5:The Gold StandardTke Most Effective Means of Creating a Currencyof Stable Value
CHAPTER 6:TaxesEconomic Miracle to Economic Disaster,and the Art of Statesmanship
PART TWO:A HISTORY OF U.S. MONEY
CHAPTER 7:Money in AmericaFrom Colonial Silver and Paper to theTurmoil of 1929
CHAPTER 8:A History of Central BankingFrom Ancient Egypt and Rome to the Bank of Englandand the U.S. Federal Reserve
CHAPTER 9:The 1930sA Failure of Monetary and Fiscal Policy Causesa Capitalist Collapse
CHAPTER 10:The Bretton Woods Gold StandardThe Postwar Golden Age and the Beginning ofMonetary Chaos
CHAPTER 11:Reagan andVolckerMonetarism Fails,but the Tax Cuts Succeed--and the1980s Boom
CHAPTER 12:The Greenspan YearsThe 1987 Stock Market Crash,a Recession,Recovery,and Monetary DeflationPART THREE:CURRENCY CRISESAROUND THE WORLD
CHAPTER 13:Japan's Success and FailureTax Cuts,a Golden Yen,and the Greatest MonetaryDeflation in History
CHAPTER 14:The Asia Crisis of the Late 1990sWorldwide Currency Turmoil and Economic DisasterCaused by a Mismanaged U.S. Dollar
CHAPTER 15:Russia,China,Mexico,and YugoslaviaThe Communist Gold Standards andHyperinflationary Collapse
CHAPTER 16:The Return to Hard CurrenciesGood Money Is a Cornerstone of Good
Government
Notes
Index