Great Britain and the Gold Standard: The Course of Economic Change and National Adjustment

Abstract

The study was carried out without much formal training in economic development or international economics; probably any similar effort builds a deep appreciation of the need for economic theory as the basis for organization and understanding of the concept of economic change. A very broad analysis has been attempted, in line with my background and the statistics available to me. A general study of economic conditions in Great Britain would have been much too large a subject, but I have tried to cover the varied aspects salient to the British position on the gold standard from 1870-1925.