Item #36564 Paper-Money Inflation in France. How it Came. What it Brought, and How it Ended. Andrew D. White.

Paper-Money Inflation in France. How it Came. What it Brought, and How it Ended.

New York: Society for Political Education, 1882. 46 pp. Sm. 8vo. Paper wrappers. Revised edition. Soiling on the wrappers, a few nicks, else near fine. Item #36564

Economic Tracts No. VII. No. 3, of series of 1882. Originally published in 1876 as part of White's projected but never completed history of the French Revolution, it became a highly influential work supporting the gold standard and faulting paper money as leading to "financial distress and debauchery." It is still quoted and published by libertarian economists as well as the von Mises and Cato Institutes. The Society for Political Education, which began in 1880, argued it sought to educate in a nonpolitical matter, though one of its "political convictions" was that "Sound currency must have a metal basis, and all paper money must be convertible on demand." Uncommon in the trade.

Price: $200.00