Money And Empire: Charles P. Kindleberger And T... (2027)

His tenure at MIT, where he wrote the standard textbook on international economics and fought intellectual battles against both Monetarists and Keynesians.

The central narrative explores how the global economy transitioned from the British pound sterling system to the American dollar-led system. Money and Empire: Charles P. Kindleberger and t...

Mehrling highlights Kindleberger’s belief that the world is an "optimal currency area" where trade works best under a single currency—the U.S. dollar—rather than through international agreements or flexible exchange rates. His tenure at MIT, where he wrote the