WorldCat Identities

Bordo, Michael D.

Works: 414 works in 2,143 publications in 3 languages and 23,451 library holdings
Genres: History  Conference papers and proceedings 
Roles: Author, Editor, Other, Contributor, ed, Honoree
Classifications: HG297, 332.4222
Publication Timeline
Most widely held works by Michael D Bordo
Globalization in historical perspective by Michael D Bordo( )

29 editions published between 2003 and 2007 in English and held by 2,176 WorldCat member libraries worldwide

The 11 papers in this text explore a variety of topics on globalization in the context of the history of international trade, including how the process of globalization can be measured by the long-term integration of markets, and what trends and questions develop as markets converge and diverge
The defining moment : the Great Depression and the American economy in the twentieth century by Michael D Bordo( )

19 editions published between 1997 and 2014 in English and held by 1,938 WorldCat member libraries worldwide

The Defining Moment poses the question directly: to what extent, if any, was the Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four categories: fiscal and monetary policies, the economic expansion of government, the innovation and extension of social programs, and the changing international economy. The central focus across the chapters is the well-known alterations to national government during the 1930s. The Defining Moment attempts to evaluate the significance of the past half-century to the American economy, while not omitting reference to the 1930s
A Retrospective on the classical gold standard, 1821-1931 by Michael D Bordo( Book )

18 editions published between 1984 and 2014 in English and Italian and held by 1,248 WorldCat member libraries worldwide

This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard
A Retrospective on the Bretton Woods system : lessons for international monetary reform by Michael D Bordo( )

17 editions published between 1993 and 2007 in English and held by 1,093 WorldCat member libraries worldwide

"At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. Over the next 25 years, with currencies fixed to the American dollar, world trade expanded vigorously, inflation remained moderate, and national income in industrialized countries rose faster than during any other period. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to economic stability and rapid growth between 1945 and 1971 and discuss the future of the international monetary system in light of the Bretton Woods experience."--BOOK JACKET. "Since President Richard M. Nixon ended the Bretton Woods System in 1971, exchange rates have exhibited increasing flexibility. After twenty years of floating rates, however, there is considerable interest in once again limiting exchange rate flexibility. The apparent success of the European Monetary System, a fixed-rate arrangement loosely based on the postwar system, and the prospect of European monetary unification increase interest in a new internationally stable exchange rate. Moreover, some academics and government officials see fixed rates as a way to help Eastern Europe and the former Soviet Union cope with pressing economic and political problems."--BOOK JACKET. "The economists, historians, political scientists, and policy makers who contribute to this volume relate the Bretton Woods System to earlier fixed-rate schemes and consider the political background of the original New Hampshire meeting. Using recent economic theory - for example, work on time consistency and credibility - they explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, and address the possibility of a new fixed exchange rate for today's world."--BOOK JACKET
Money, history, and international finance : essays in honor of Anna J. Schwartz by Michael D Bordo( )

20 editions published between 1989 and 2007 in English and held by 940 WorldCat member libraries worldwide

This volume provides a critical evaluation of Anna J. Schwartz's work and probes various facets of the immense contribution of her scholarship?How well has it stood the test of time? What critiques have been leveled against it? How has monetary research developed over the years, and how has her influence been manifested? Bordo has collected five conference papers presented by leading monetary scholars, discussants' comments, and closing remarks by Milton Friedman and Karl Brunner. Each of these insightful surveys extends Schwartz's work and makes its own contribution to the fields of monetary
Rules for international monetary stability : past, present, and future by Michael D Bordo( )

8 editions published in 2017 in English and held by 554 WorldCat member libraries worldwide

"Since the end of the Great Recession in 2009 the central banks of the advanced countries have taken unprecedented actions to reflate and stimulate their economies. There have been significant differences in the timing and pace of these actions ... These independent monetary policy actions have had significant spillover effects on the economies and monetary policy strategies of other advanced countries. In addition the monetary policy actions and interventions of the advanced countries have had a significant impact on the emerging market economies leading to the charge of 'currency wars.' The perceived negative consequences of spillovers from the actions of national central banks has led to calls for international monetary policy coordination ... The arguments for coordination based on game theory are the same today as back in the 1980s ... [which led to accords that requried participating countries to] follow policies to improve global welfare at the expense of domestic fundamentals ... An alternative approach to the international spillovers of national monetary policy actions is to view them as deviations from rules based monetary policy ... In this book, [the editors] report the results from a recent conference which brought together academics, market participants, and policymakers to focus on these issues."--
Theories of international trade by Adam Klug( )

17 editions published between 2004 and 2006 in English and held by 506 WorldCat member libraries worldwide

"This inspiring new book covers the practical side of dream interpretation during the therapeutic consultation. It aids the understanding of sleep and dreams in a scientific context and provides an introduction to the biological and evolutionary foundations of sleep, dreams and dream interpretation, supporting its use in professional counselling. Dream Interpretation as a Psychotherapeutic Technique covers cultural, historical and religious foundations of dreams and dream interpretation, and gives an overview of the various dream interpretation theories."--Jacket
Monetary regimes in transition by Michael D Bordo( Book )

22 editions published between 1993 and 2006 in 3 languages and held by 450 WorldCat member libraries worldwide

This important contribution to comparative economic history examines different countries' experiences with different monetary regimes. The contributors lay particular emphasis on how the regimes fared when placed under stress such as wars or other changes in the economic environment. Covering the experience of ten countries over the period 1700 1990, the book employs the latest techniques of economic analysis in order to understand why particular monetary regimes and policies succeeded or failed
The gold standard and related regimes: collected essays by Michael D Bordo( Book )

19 editions published between 1999 and 2009 in English and held by 365 WorldCat member libraries worldwide

This book contains a collection of Michael D. Bordo's essays, written singly and with colleagues, on the classical gold standard and related regimes based directly or indirectly on gold convertibility
The long-run behavior of the velocity of circulation : the international evidence by Michael D Bordo( Book )

14 editions published in 1987 in English and held by 355 WorldCat member libraries worldwide

Strained relations : US foreign-exchange operations and monetary policy in the twentieth century by Michael D Bordo( Book )

13 editions published in 2015 in English and held by 329 WorldCat member libraries worldwide

During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances--most notably the abandonment of the international gold standard--and how political and bureaucratic factors affected this aspect of public
Transferring wealth and power from the old to the new world : monetary and fiscal institutions in the 17th through the 19th century by Forrest Capie( Book )

26 editions published between 2001 and 2006 in English and held by 327 WorldCat member libraries worldwide

This is a collection of essays comparing the evolution of the fiscal and monetary regimes of the old world colonial powers: England, France, Spain, Portugal and the Netherlands from the 17th to the 19th century with the experiences of several of their former colonies in the New World of the Americas: the United States, Canada, Mexico, Colombia, Brazil, and Argentina. The objective is to see how such fiscal and monetary institutions were modified or replaced by new ones. The case studies in the collection consider the experience of the colonies after they became independent countries; they examine the factors that allowed efficient fiscal institutions to develop in some countries, while in others such development turned out to be unsuccessful; and they consider why some governments were able to live within their means and provide public goods, while for others expenditures often exceeded revenue, often leading to fiscal crises
Credibility and the international monetary regime : a historical perspective by Michael D Bordo( Book )

16 editions published between 2011 and 2014 in English and held by 294 WorldCat member libraries worldwide

The present global monetary regime is based on floating among the major advanced countries. A key underlying factor behind the present regime is credibility to maintain stable monetary policies. The origin of credibility in monetary regimes goes back to the pre-1914 classical gold standard. In that regime, adherence by central banks to the rule of convertibility of national currencies in terms of a fixed weight of gold provided a nominal anchor to the price level. Between 1914 and the present several monetary regimes gradually moved away from gold, with varying success in maintaining price stability and credibility. In this book, the editors present ten studies combining historical narrative with econometrics that analyze the role of credibility in four monetary regimes, from the gold standard to the present managed float
The great inflation : the rebirth of modern central banking( Book )

12 editions published in 2013 in English and held by 277 WorldCat member libraries worldwide

La 4e de couverture indique : "Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period's rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today's global and increasingly complex economic environment."
The origins, history, and future of the Federal Reserve : a return to Jekyll Island by Michael D Bordo( Book )

17 editions published between 2012 and 2013 in English and Slovenian and held by 252 WorldCat member libraries worldwide

"This book contains essays presented at a conference held in November 2010 to mark the centenary of the famous 1910 Jekyll Island meeting of leading American financiers and the U.S. Treasury. The 1910 meeting resulted in the Aldrich Plan, a precursor to the Federal Reserve Act that was enacted by Congress in 1913. The 2010 conference, sponsored by the Federal Reserve Bank of Atlanta and Rutgers University, featured assessments of the Fed's near 100-year track record by prominent economic historians and macroeconomists. The final chapter of the book records a panel discussion of Fed policy making by the current and former senior Federal Reserve officials. ch1: "To Establish a More Effective Supervision of Banking:" How the Birth of the Fed Altered Bank Supervision Abstract Although bank supervision under the National Banking System exercised a light hand and panics were frequent, depositor losses were minimal. Double liability induced shareholders to carefully monitor bank managers and voluntarily liquidate banks early if they appeared to be in trouble. Inducing more disclosure, marking assets to market, and ensuring prompt closure of insolvent national banks, the Comptroller of the Currency reinforced market discipline. The arrival of the Federal Reserve weakened this regime. Monetary policy decisions conflicted with the goal of financial stability and created moral hazard. The appearance of the Fed as an additional supervisor led to more "competition in laxity" among regulators and "regulatory arbitrage" by banks. When the Great Depression hit, policy-induced deflation and asset price volatility were misdiagnosed as failures of competition and market valuation. In response, the New Deal shifted to a regime of discretion-based supervision with forbearance"--
The Federal Reserve's role in the global economy : a historical perspective( )

10 editions published in 2016 in English and held by 215 WorldCat member libraries worldwide

"The importance of international considerations in the US Federal Reserve System's deliberations has become more and more important over time as global financial crises and events create ever stronger repercussions in the US economy. This book critically evaluates the role of the Federal Reserve System as a player in the international monetary system over the past 100 years, starting with its initial responsibility under the gold standard and looking ahead to the challenges it will face in the twenty-first century under the fiat standard. The book is based on a conference of the same name held at the Federal Reserve Bank of Dallas in September 2014, as part of the Federal Reserve System's centennial, and contributors include many of the most highly regarded financial historians and policymakers"--
Central banks at a crossroads : what can we learn from history? by Michael D Bordo( )

13 editions published in 2016 in English and held by 202 WorldCat member libraries worldwide

BIOGRAPHY: HISTORICAL, POLITICAL & MILITARY. Yolande Duvernay, the star of this tale, was born in poverty in Paris in 1812. Under the control of her stage mother, she became a celebrated ballerina - a star of the Paris Opera - becoming the favourite dancer of Princess Victoria. She was praised for her grace, her beauty and her provocative style on stage, known as the 'fair brimstone' by William Makepeace Thackeray. There was a darker side to her success, however, as she became the mistress of powerful men, eventually being sold by her mother to Stephens Lyne Stephens, son and heir of the richest commoner in England, for almost a million pounds in today's values. A few years later, Yolande caused a huge scandal when she manipulated Stephens into marriage. When Stephens died in 1860, he left his widow a life interest in the entire Lyne Stephens fortune - one of the largest fortunes in England
Anglo-American financial systems : institutions and markets in the twentieth century by Anglo-American Finance: Financial Markets and Institutions in 20th-Century North America and the U.K( Book )

7 editions published between 1995 and 1996 in English and held by 147 WorldCat member libraries worldwide

Keeping capital flowing : the role of the IMF by Michael D Bordo( )

18 editions published in 2004 in English and held by 145 WorldCat member libraries worldwide

In this paper, we examine the IMF's role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF-supported program, although they may initially deteriorate somewhat. Consistent with theoretical predictions and earlier empirical findings, we find that IMF-supported programs are most successful in improving capital flows to countries with bad, but not very bad fundamentals. In such countries, IMF-supported programs are also associated with improvements in the fundamentals themselves
Financial crises by Michael D Bordo( Book )

11 editions published in 1992 in English and held by 142 WorldCat member libraries worldwide

moreShow More Titles
fewerShow Fewer Titles
Audience Level
Audience Level
  Kids General Special  
Audience level: 0.31 (from 0.06 for The defini ... to 0.73 for Financial ...)

A Retrospective on the classical gold standard, 1821-1931
The defining moment : the Great Depression and the American economy in the twentieth centuryA Retrospective on the classical gold standard, 1821-1931A Retrospective on the Bretton Woods system : lessons for international monetary reformMoney, history, and international finance : essays in honor of Anna J. SchwartzTheories of international tradeMonetary regimes in transitionThe gold standard and related regimes: collected essaysTransferring wealth and power from the old to the new world : monetary and fiscal institutions in the 17th through the 19th century
Alternative Names
Bordo, M. D. 1942-

Bordo, Michael

Bordo, Michael 1942-

Bordo, Michael D

Bordo, Michael David

Bordo, Michael David 1942-

Michael Bordo American economist

Michael Bordo Amerikaans econoom

Michael Bordo économiste américain

Michael Bordo US-amerikanisch-kanadischer Wirtschaftswissenschaftler

Бордо, Майкл