Journal of Economic Literature

Book Reviews

2026-08-28

Richard N. Cooper of Harvard University reviews “Monetary Theory and Bretton Woods: The Construction of an International Monetary Order” by Filippo Cesarano,. The EconLit Abstract of the reviewed work begins “Explores the Bretton Woods architecture from the perspective of the history of economics. Discusses international monetary equilibrium and the properties of the gold standard; the international monetary system between the World Wars; the monetary system in economic analysis--the critique of the gold standard; the Great Depression--overturning the state of the art; providing for a new monetary order; the Bretton Woods Agreements; and Bretton Woods and after. Cesarano is Head of the Historical Research Office of the Bank of Italy. Name and subject indexes.”

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DOI https://doi.org/10.1257/jel.45.3.742.r11