Why is sterling under pressure? Why was the devaluation in 1967 followed by stagnation of British economy? What do the 1971 monetary reforms mean for sterling in the 1970s? First published in 1973, The Functions of Sterling discusses these vital questions and challenges the received wisdom of those who tells us it is beneficial that our money should be worth less. It also examines critically the internal and external performance of sterling throughout the twentieth century. The book argues that the credit control policy offers a real possibility of improved economic growth and encourage the revaluation of sterling. To a large extent the book is in line with Sir Ralph Hawtrey’s reasoning and also integrates monetary economics with "real" problems of comparative costs, innovations, and growth. This book is an essential read for scholars of British economy, public policy, political economy, and economics in general.

This book is an extremely readable guide to the world of international finance by two former City Editors of The Times. It is designed for people who want to understand something of the world's financial affairs and learn how to follow jargon on the City pages of newspapers or money programmes on radio and television. Starting with the basic facts, the authors gently guide you through the world's money maze - so that by the time you have reached the last chapter you should be able to understand the newspaper extracts printed at the end of the book. The World's Money aims to answer some of the many questions of the times in which it was published: Why had there been so many monetary crises? How were they caused? What is the role of gold in international finance? How do exchange rates, the IMF, the World Bank, the eurodollar market work? What is the new World Money? How was the pound devalued? Can 1929 recur? The material is equally suitable for students, sixth-formers, economists and the armchair reader. Contemporary events are used as examples and illustrations, the history and the future of money discussed, so that the book is at once topical for its times and of lasting value.

In 'The Essential Karl Marx,' readers are presented with a thoughtfully curated anthology that spans a remarkable range of ideological discourse and literary techniques, rooted in the critical examination of socioeconomic structures. This collection brings together seminal works that reflect on the dynamics of class struggle, economic theory, and political praxis, underscoring the diversity and depth of Marxism. The inclusion of key texts not only highlights the evolution of Marx's thought but also showcases the interpretive analyses by prominent figures Florence Kelley and N.I. Stone, presenting a comprehensive overview that is both historical and profoundly relevant to contemporary discussions on capitalism and its discontents. The contributing authors and editors collectively make up an illustrious panel of critical thinkers and activists, each bringing their unique perspective and contextual understanding to Marx's oeuvre. Florence Kelley's advocacy for labor rights and N.I. Stone's contributions to economic socialism intersect with Marx's theories, providing a rich tapestry of social and economic critique. This fusion of backgrounds situates the anthology within broader movements of socialist and Marxist theory, offering readers a multifaceted exploration of critical social theory across different periods and contexts. 'The Essential Karl Marx' is a compelling invitation to those intrigued by Marxist theory, political economy, and social justice, offering an unparalleled exploration of Marx's legacy through the lens of diverse interpreters. This volume promises an enriching educational experience, stimulating critical thought and encouraging a deeper understanding of one of philosophy's most significant figures and his interpreters. It is an essential read for scholars, students, and anyone looking to delve into the complexities of Marxist thought and its continuing relevance in modern discourse.

Karl Marx's 'The Capital' is a groundbreaking work that explores the economic system of capitalism and its impact on society. Written in a dense and scholarly style, the book delves deep into the intricacies of capitalist production, exposing the exploitation of labor and the accumulation of wealth by the bourgeoisie. Marx's analysis is rooted in historical context, drawing on classical political economy and dialectical materialism to argue for the inevitable downfall of capitalism. His critique of the mode of production and capitalist relations of production remains influential in the study of economics and sociology. The Capital is a seminal work that continues to shape discussions on class struggle and economic inequality. Karl Marx, a German philosopher and economist, was deeply passionate about social justice and economic equality. His experiences living through the industrial revolution and witnessing the harsh realities of capitalism motivated him to write The Capital. Marx's revolutionary ideas laid the foundation for modern socialism and communism. I recommend The Capital to readers interested in understanding the economic mechanisms of capitalism and the implications for society.

In Karl Marx's seminal work, CAPITAL, encompassing all three books, readers are immersed in a detailed analysis of the capitalist mode of production. Marx delves into the structures and workings of capitalism, illustrating the exploitation of labor and the accumulation of capital. His writing style is characterized by rigorous economic analysis interwoven with philosophical and historical insights, making this book a cornerstone of Marxist literature. Written in the mid-19th century, CAPITAL remains relevant today in its critique of the inherent contradictions within capitalism and its impact on society. Marx's exploration of alienation, commodity fetishism, and class struggle continues to influence contemporary social and economic thought. Karl Marx, a German philosopher and economist, was a prominent figure in the socialist movement. His experiences witnessing the harsh realities of industrialization and the working class struggle influenced his development of Marxist theory. CAPITAL reflects Marx's lifelong commitment to understanding and challenging the socio-economic structures that perpetuate inequality and exploitation. I highly recommend CAPITAL to readers interested in delving into the fundamentals of Marxist theory and gaining an insightful critique of the capitalist system. This groundbreaking work offers valuable perspectives on economic justice, class dynamics, and the power dynamics at play in contemporary society.