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Table of Contents

Foreword ix James K. Galbraith Acknowledgments xiii 1 Money 1 2 Of Coins and Treasure 8 3 Banks 21 4 The Bank 33 5 Of Paper 52 6 An Instrument of Revolution 67 7 The Money War 78 8 The Great Compromise 97 9 The Price 118 10 The Impeccable System 135 11 The Fall 156 12 The Ultimate Inflation 170 13 The Self-Inflicted Wounds 190 14 When the Money Stopped 211 15 The Threat of the Impossible 229 16 The Coming of J. M. Keynes 250 17 War and the Next Lesson 272 18 Good Years: The Preparation 293 19 The New Economics at High Noon 310 20 Where It Went 327 21 Afterword 348 Index 361

About the Author

John Kenneth Galbraith (19082006) was one of the most influential economists of the twentieth century. He was professor of economics at Harvard University and served as U.S. ambassador to India during the Kennedy administration. He wrote more than fifty books, including American Capitalism, The Affluent Society, and The New Industrial State (Princeton).

Reviews

"No American writer has done more to comfort the afflicted and afflict the comfortable than John Kenneth Galbraith."--USA Today "With characteristic wit and clarity [Galbraith] suggests that while good money may indeed be driven out by the bad, it is political suicide to assume that the suckers left holding the bad will take it lying down... [T]here is no more current, more judicious, or more entertaining a perspective."--Kirkus "Lively."--Library Journal

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