O'Reilly logo

Further Essays in Monetary Economics (Collected Works of Harry Johnson) by Harry G. Johnson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 6

Some Aspects of the Theory of Economic Policy in a World of Capital Mobility*

Professor Marco Fanno’s best-known contribution to the English literature of economics is his monograph on Normal and Abnormal International Capital Transfers.1 That monograph brought contemporary economic theory to bear on the economic effects of and policy problems raised by the abnormal capital movements – both intergovernmental and private – that plagued the interwar years and ultimately destroyed the international economic system that had evolved during the long period of peace before the First World War. Since Professor Fanno wrote, the international economic system has been reconstructed on lines in many respects parallel to those of the period with ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required