According to reviewers at Cambridge University Press , the book captures three distinct phases of Kindleberger's career:
Kindleberger argued that for a global economy to remain stable, there must be a single "stabilizer" or leader that maintains open markets for goods and provides counter-cyclical lending as a lender of last resort. Money and Empire: Charles P. Kindleberger and t...
In , Perry Mehrling provides an intellectual biography that doubles as a "biography of the dollar". The book traces the life and career of Charles P. Kindleberger (1910–2003), a former MIT economist and policymaker whose work defined the architecture of the modern international monetary system . Core Themes and Key Arguments According to reviewers at Cambridge University Press ,
Unlike many peers who favored mathematical models, Kindleberger’s economics was deeply rooted in history, institutional detail, and the real-world experiences of practitioners. and the real-world experiences of practitioners.