This book was first published in 1985.

Introduction Part 1: Keynesianism vs Monetarism 1. Was Adam Smith a Monetarist or a Keynesian? 2. Michel Chevalier (1806-1879), the Economic de Tocqueville 3. Keynesianism vs. Monetarism in Eighteenth and Nineteenth Century France Part 2: Compare and Contrast 4. Financial Institutions and Economic Development: A Comparison of Great Britain and France in the Eighteenth and Nineteenth Centuries 5. Integration of Financial Markets: The British and French Experience 6. British Financial Reconstruction, 1815-22 and 1918-25 7. The International Monetary Politics of Near-Great Power: Two French Episodes, 1926-1936 and 1960-1970 8. Collective Memory vs. Rational Expectations: Some Historical Puzzles in Macro-Economic Behaviour Part 3: Historical Models 9. The Cyclical Pattern of Long-Term Lending 10. Key Currencies and Financial Centres 11. The Financial Aftermath of War 12. Historical Perspective on Today's Third-World Debt Problem Part 4: The Nineteenth Century 13. International Monetary Reform in the Nineteenth Century 14. International Propagation of Financial Crises: The Experience of 1888-93 15. Sweden in 1850 as an 'Impoverished Sophisticate': Comment Part 5: The Twentieth Century 16. A Structural View of the German Inflation 17. The International Causes and Consequences of the Great Crash 18. The 1929 World Depression in Latin America - From the Outside 19. Keynesianism vs. Monetarism in the 1930s Depression and Recovery 20. Banking and Industry Between the Two Wars: An International Comparison 21. 1929: Ten Lessons for Today