FIRST ENGLISH EDITION OF IRVING FISHER’S STABILIZED MONEY, 1935
FISHER, Irving. Stabilized Money. A History of the Movement. London: George Allen & Unwin, (1935). Octavo, original orange cloth. $600.
First English edition of this landmark work on stable money theory.
Convinced that changes in the purchasing power of money were responsible for most economic problems, Fisher made “stable money” his “earliest and most persistent crusade” (Niehans. 269). Beginning in 1912, he led efforts to gather business leaders into organizations dedicated to publicizing the issue and to securing legislation to protect the value of money from rapid depreciation or appreciation. Fisher founded the Stable Money Association in 1925. The first English edition was preceded by the American edition of 1934, which was titled Stable Money. Without scarce original dust jacket. Owner stamp of Romanian-American economist Anghel Rugina, the Northeastern University professor and expert in monetary theory. Pen number.
Only tiny ink smudge to title page, original cloth quite bright. A very nearly fine copy with an interesting provenance.