Mad Doings in Trade
Anatole Kaletsky, 21 June 1984
The World’s Money: International Banking from Bretton Woods to the Brink of Insolvency
by Michael Moffitt.
Joseph, 284 pp., £9.95, February 1984,0 7181 2414 6 Show More
by Michael Moffitt.
Joseph, 284 pp., £9.95, February 1984,
International Debt and the Stability of the World Economy
by William Cline.
MIT, 134 pp., £5.10, September 1983,0 262 53048 1 Show More
by William Cline.
MIT, 134 pp., £5.10, September 1983,
Managing Global Debt
by Richard Dale and Richard Mattione.
Brookings, 50 pp., October 1983,0 8157 1717 2 Show More
by Richard Dale and Richard Mattione.
Brookings, 50 pp., October 1983,
“... those quotations from Defoe. For most of the past two hundred years, since the publication of Adam Smith’s Wealth of Nations, a serious financial authority (which Defoe was in his time) who suggested that credit markets were ruled basically by irrationality, whimsy and chaos would himself be regarded as suffering from ‘a sort of lunacy’. Yet the events ... ”