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Did French gold policy cause the Great Depression? The Gold Standard Illusion draws on newly-available French records to test the gold standard interpretation of the Great Depression. It provides a history of French economic understanding, policy-making, and politics with regard to gold, monetary policy, and the key role of financial problems in political instability from 1914 to 1939.

Defense of the franc Poincare; dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and experimentation were rejected in the conviction that a durable recovery was possible only through a return to strict neoclassical orthodoxy. Managing the franc Poincare examines French monetary management from 1928 to 1936 in order to explain this...

Defense of the franc Poincare; dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and experimentation were rejected in the conviction that a durable recovery was possible only through a return to strict neoclassical orthodoxy. Managing the franc Poincare examines French monetary management from 1928 to 1936 in order to explain this...

""Specialists will learn much from the book, as will anyone interested in the renewal of political history more generally."" - The International History Review ""The essays focus on heretofore underappreciated issues . . . Although several anthologies about modern France have appeared recently, this collection is a particularly worthy contribution because of its approach and its analytical insights. Students and specialists of the history of France will benefit greatly." - History: Reviews of New Books ""The essays are worth reading, and some make very distinctive and important contributions...