Monetary Orders

Wherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows. A principal defining characteristic of the contemporary global economy, Jonathan Kirshner...

Jonathan Kirshner is Associate Professor of Government at Cornell University and the author of Currency and Coercion: The Political Economy of International Monetary Power.

Monetary Orders is a must read for anyone interested in the political economy of global money and finance.... In substantive terms it is cutting edge, providing a valuable guide to the the thinking of the latest generation of specialists in the field.

Thomas D. Willett, Horton Professor of Economics, The Claremont Colleges:

Monetary Orders makes a major contribution to our knowledge about a number of important aspects of the political economy of monetary relations.

John S. Odell, University of Southern California:

In this subtle and refreshing book, Jonathan Kirshner and his group remind us that so often, the economics behind monetary policy are consistent with more than one policy. Politics too, not just economics and markets, accounts for the recent worldwide drive for extremely slow inflation, central bank independence, and removal of all international capital controls. The book presents a strong case, and it implies that leaders in every region should reevaluate these policies and who gains and who loses from them.