The Money Mandarins

The Money Mandarins : The Making of a Supranational Economic Order

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This book aims to unravel the often complex and obscure workings of the international economy. Major developments are explained and their consequences analyzed: from the rise and fall of the Bretton Woods System to the birth of the Eurodollar and the genesis of the Third World debt crisis. The ideological setting of many of these developments - that of free market, monetarist conservatism - is subject to critical scrutiny. The author argues that the Eurodollar represents the first truly supranational form of money and the international bankers have become money manadarins with the power to effect change and instability on a world scale. This book suggests practical reforms, measures to bring the supranational economy under control that do not require a major restructuring of the whole world economy.
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Product details

  • Paperback | 308 pages
  • 152 x 228 x 20mm | 459.99g
  • London, United Kingdom
  • English
  • Revised
  • 2nd Revised edition
  • black & white illustrations
  • 0745305105
  • 9780745305103
  • 2,205,371

About Howard M. Wachtel

Howard Wachtel teaches in the Department of Economics at t The American University in Washington, DC. He is a Fellow of the Transnational Institute in Amsterdam and the author of numerous books and articles on economics.
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