Sebastian Edwards (1)
Autor von American Default: The Untold Story of FDR, the Supreme Court, and the Battle Over Gold
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Werke von Sebastian Edwards
American Default: The Untold Story of FDR, the Supreme Court, and the Battle Over Gold (2018) 40 Exemplare
Crisis and Reform in Latin America: From Despair to Hope (A World Bank Publication) (1995) 18 Exemplare
Financial Markets Volatility and Performance in Emerging Markets (National Bureau of Economic Research Conference… (2008) 9 Exemplare
Preventing Currency Crises in Emerging Markets (National Bureau of Economic Research Conference Report) (2002) 7 Exemplare
Real Exchange Rates, Devaluation, and Adjustment: Exchange Rate Policy in Developing Countries (1989) 6 Exemplare
Economic Adjustment and Exchange Rates in Developing Countries (National Bureau of Economic Research Conference Report) (1986) 5 Exemplare
Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies (National Bureau of Economic Research… (2000) 5 Exemplare
The Decline of Latin American Economies: Growth, Institutions, and Crises (National Bureau of Economic Research… (2007) 3 Exemplare
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- #122,547
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- 2
The book highlights the world FDR found upon election. The book indicates that frankly, he had no choice but to leave the gold standard. Getting off the gold standard was easier said than done. The U.S. Constitution has extensive provisions limiting the ability of the government to modify contractual obligations, including its own. The book discusses the legal struggle as well as the ideological and financial issues. This material is not well known or often discussed.
Some of the other reviewers would have liked more analysis of the Supreme Court decisions of February 18, 1935. I agree with the author that the pair of decisions was result-driven rather than constitutionally driven. The author compares the decision to Marbury v. Madison, another necessity-based Court decision. Both have had profound consequences, with almost non-existent basis or foundation in law.
If someone wants to read a "different" book that is important, this is definitely the book to read.… (mehr)