According to reviewers at Cambridge University Press , the book captures three distinct phases of Kindleberger's career:
His tenure at MIT, where he wrote the standard textbook on international economics and fought intellectual battles against both Monetarists and Keynesians. Money and Empire: Charles P. Kindleberger and t...
Unlike many peers who favored mathematical models, Kindleberger’s economics was deeply rooted in history, institutional detail, and the real-world experiences of practitioners. According to reviewers at Cambridge University Press ,
Kindleberger argued that for a global economy to remain stable, there must be a single "stabilizer" or leader that maintains open markets for goods and provides counter-cyclical lending as a lender of last resort. Money and Empire: Charles P. Kindleberger and t...