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The International Monetary Problem

In: Economic Science and Political Economy

Author

Listed:
  • Lionel Robbins

Abstract

The thesis I shall attempt to maintain in this paper is that the international monetary problem is essentially political in nature. I shall argue that it arises from tendencies which are very deep-seated in the life of modern states; that these tendencies are not all to be regarded as necessarily perverse or sinister in intention or indeed in outcome; and that therefore the solution, or, better said, the solutions, to the problem must be themselves political. These are propositions of great generality, and for the most part their supporting argument will move on the same plane. I hope, however, that there will be some morals and some incidental observations more immediately relevant to contemporary reality.

Suggested Citation

  • Lionel Robbins, 1997. "The International Monetary Problem," Palgrave Macmillan Books, in: Susan Howson (ed.), Economic Science and Political Economy, chapter 24, pages 389-402, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12761-0_25
    DOI: 10.1007/978-1-349-12761-0_25
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