MACMILLAN Ideology and the International Economy: The Decline and Fall of Bretton Woods

For twenty-five years, the International Monetary Fund administered a worldwide system of fixed exchange rates until their system was destroyed by a combination of market forces and those who advocated market forces. The first destructive element has been extensively analyzed; the second has hitherto been almost completely ignored. Robert Leeson examines the process by which the case for flexible exchange rates was transformed from an academic exercise to become the organizing principle for international monetary relations. Review 'This new book contains all of the virtues that we have come to expect of Leeson's scholarship ... Leeson succeeds admirably in his aims for this volume... for once the publisher's blurb of 'essential reading' is not mere hyperbole' - Roger Middleton Professor of the History of Political Economy at the Department of History, University of Bristol, UK About the Author ROBERT LEESON is currently ranked 17th in the list of the world's top 500 economists on the basis of the number of journal articles included in the ECONLIT database of the American Economic Association. A Bradley Fellow at the University of Ontario, he has also held visiting positions at a variety of universities, including Cambridge and Stanford.