Stabilizing the Dollar. A Plan to Stabilize the General Price Level Without Fixing Individual Prices.
FISHER Irving (1920.)
£500.00 [First Edition]
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First edition. 8vo. xliv, [1], 305, [1] pp. Original blue cloth, spine lettered and ruled in gilt, upper board with single blind filet border (neat contemporary ownership inscription of 'Janet H. Allan' to front free endpaper, some light wear to extremities, withal a very good indeed). New York, The MacMillan Company.
The first of Fisher's three works devoted to projects for monetary reform. The other titles, published over ten years later are Stamp Scrip and 100% Money (both 1933). "Stabilizing the Dollar contained an ingenious scheme for stabilising the purchasing power of money under a convertible gold standard by varying the official price of gold inversely with an index of prices, a system which could be adopted by one country combined with a flexible exchange rate for its currency or by all countries operating with fixed exchange rates" (Blaug).
Fisher M-620.
Stock Code: 247276