British Financial Reconstruction, 1815–22 and 1918–25

  • Charles P. Kindleberger


It may be regarded by some as ill-mannered to argue with Walt Rostow in honouring him. A superficial defence can be found in the modern statement that it doesn’t make any difference what you say about a person as long as you mention him frequently and spell his name correctly. More fundamentally, Professor Rostow has posed an interesting and profound interpretation of a classic issue that is worth illuminating.


Exchange Rate Monetary Policy Fiscal Policy Money Supply Note Issue 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Acworth, A. W., Financial Reconstruction in England, 1815–1822 (London: P. S. King, 1925.Google Scholar
  2. Boyle, Andrew, Montagu Norman (London: Cassell, 1967).Google Scholar
  3. Checkland, S. G., ‘The Birmingham Economists, 1815–1850’, Economic History Review, second series, I, 1 (1948) pp. 1–19.CrossRefGoogle Scholar
  4. Cole, G. D. H., The Life of William Cobbett (New York: Harcourt, Brace, no date, preface dated 1924).Google Scholar
  5. (Cunliffe Report), British Parliamentary Reports on International Finance, The Cunliffe Committee and the Macmillan Committee (1931) Reports (New York: Arno Press, 1978).Google Scholar
  6. Doubleday, Thomas, A Financial, Monetary and Statistical History of England from the Revolution of 1688 to the Present Time (London: Effingham, Wilson, 1847).Google Scholar
  7. Fetter, Frank Whitson, Development of British Monetary Orthodoxy, 7797–1815, (Cambridge, Mass.: Harvard University Press, 1965).Google Scholar
  8. Gayer, Arthur D., W. W. Rostow, and Anna Jacobson Schwartz, The Growth and Fluctuation of the British Economy, 1790–1850, An Historical, Statistical and Theoretical Study of Britain’s Economic Development (Oxford: Clarendon, 1953) (largely unchanged from the manuscript of 1941).Google Scholar
  9. Great Britain, Parliamentary Debates, Report from the Select Committee on the High Price of Gold Bullion, Ordered by the House of Commons to be Printed, 8 June 1810 (reprinted New York: Arno Press, 1978).Google Scholar
  10. Gregory, T. E., ‘Introduction’ to Tooke and Newmarch, op. cit.Google Scholar
  11. Grigg, P. J., Prejudice and Judgement (London: Jonathan Cape, 1948).Google Scholar
  12. Hawtrey, R. G., Currency and Credit (1919), third ed. (London: Longmans, Green, 1927).Google Scholar
  13. Howson, Susan K., Domestic Monetary Management in Britain, 1919–38 (Cambridge University Press, 1975).Google Scholar
  14. Keynes, John Maynard, Essays in Persuasion (New York: Harcourt Brace, 1932).Google Scholar
  15. Keynes, John Maynard, Essays in Biography (1933) new edition with three additional essays (London: Hart-Davis, 1951).Google Scholar
  16. Keynes, John Maynard, A Treatise on Money, 2 volumes (New York: Harcourt Brace, 1930).Google Scholar
  17. Keynes, John Maynard, The General Theory of Employment, Interest and Money (New York: Harcourt Brace, 1936).Google Scholar
  18. Kindleberger, Charles P., ‘Keynesianism vs Monetarism in 18th and 19th Century France’, History of Political Economy, Vol. 12, No. 4 (Winter 1980), pp 499–523Google Scholar
  19. Leith-Ross, Sir Frederick, Money Talks, Fifty Years of International Finance (London: Hutchinson, 1968).Google Scholar
  20. Levi, Leone, The History of British Commerce, 2nd edn, (London: Murray, 1880).Google Scholar
  21. Li, Ming-Hsun, The Great Recoinage of 1686 to 1699 (London: Weidenfeld and Nicolson, 1963).Google Scholar
  22. Luethy, Herbert, La Banque protestante en France dès la revocation de l’édit de Nantes à la revolution, Tòme I, Dispersion et régroupement (1685–1730), (Paris, S.E.V.P.E.N., 1959).Google Scholar
  23. Moggridge, D. E., British Monetary Policy, 1924.-1931, The Norman Conquest of $ 4.86 (Cambridge University Press, 1972).Google Scholar
  24. Moggridge, D. E., The Return to Gold, 1925, The Formulation of Policy and Its Critics (Cambridge University Press, 1969).Google Scholar
  25. Morgan, E. Victor, The Theory and Practice of Central Banking, 1797–1913 (Cambridge University Press, 1943).Google Scholar
  26. O’Brien, D. P. (ed.), The Correspondence of Lord Overstone, vols 1, 11, 111 (Cambridge University Press, 1971).Google Scholar
  27. Perrot, Marguerite, La monnaie et l’opinion publique en France et en Angleterre, 1924–36 (Paris: Colin, 1955).Google Scholar
  28. Pigou, A. C., Aspects of British Economic History, 1918–25 (London: Macmillan, 1948).Google Scholar
  29. Rostow, W. W., The World Economy (Austin: University of Texas Press, 1978).CrossRefGoogle Scholar
  30. Rostow, W. W., ‘Money and Prices: An old Debate Revisited,’ in Why the Poor get Richer and the Rich Slow Down: Essays in the Marshallian Long Period (Austin: University of Texas Press, 1980).Google Scholar
  31. Sauvy, Alfred, Histoire économique de la France entre les deux guerres, Tôme I, 1918–31 (Paris: Fayard, 1965).Google Scholar
  32. Sherwig, John M., Guineas and Gunpowder, British Foreign Aid in the Wars with France 1793–1815 (Cambridge, Mass.: Harvard University Press, 1969).CrossRefGoogle Scholar
  33. Silberling, N. J., ‘Financial and Monetary Policy in Great Britain during the Napoleonic Wars’, Quarterly Journal of Economics, xxxvm (I, II, 1924) pp. 214- 23, 397–439.CrossRefGoogle Scholar
  34. Smart, William, Economic Annals of the Nineteenth Century (1911) Volume 1, 1801- 1820, Volume 11, 1821–1830 (reprinted, New York: Kelly, 1964).Google Scholar
  35. Temin, Peter, Did Monetary Forces Cause the Great Depression? (New York: W. W. Norton, 1976).Google Scholar
  36. Thompson, E. P., The Making of the English Working Class (New York: Knopf, 1963).Google Scholar
  37. Thornton, Henry, An Enquiry into the Nature and Effect of the Paper Credit of Great Britain (1802) together with the Evidence, edited with an introduction by F. A. Hayek (London: Frank Cass, 1962), (reprint of London: George Allen & Unwin, 1939).Google Scholar
  38. Tooke, Thomas, and William Néwmarch, A History of Prices and of the State Circulation from 1792 to 1896, reproduced from the original with an introduction by T. E. Gregory (New York: Adelphi, no date, introduction date 1928, six volumes, first two volumes originally 1838).Google Scholar
  39. United States Senate, International Monetary Conference of 1878, Proceedings and Exhibits, Washington, G.O.P., 1879 (reprinted New York: Amo Press, 1978).Google Scholar
  40. Vilar, Pierre, A History of Gold and Money, 1450–1920, translated from the French edition of 1969 by Judith White (London: NLB, 1976).Google Scholar
  41. Viner, Jacob, Studies in the Theory of International Trade( New York: Harpers, 1937).Google Scholar
  42. Williamson, John, Karl Helfferich, 1872–1920, Economist, Financier, Politician (Princeton University Press, 1971).Google Scholar
  43. Youngson, A. J., The British Economy, 1920–1957 (London: George Allen & Unwin, 1960).Google Scholar

Copyright information

© Charles P. Kindleberger and Guido di Tella 1982

Authors and Affiliations

  • Charles P. Kindleberger

There are no affiliations available

Personalised recommendations