The role of gold in the world's exchange system has been hotly contested by leading economists. This work collects the most important arguments in favour of gold, including such works as David Ricardo's "High price of Bullion" and W. Stanley Jevons's "Money and the Mechanism of Exchange".

William Rees-Mogg

1: Francis Horner (1778-1817); 1: I.; 2: II.; 3: Thomas Robert Malthus (1766-1834); 2: David Ricardo (1772-1823); 3: David Ricardo (1772-1823); 4: On Currency And Banks.; 4: John Stuart Mill (1806-73); 5: Of Money; 6: Of the Value of Money, As Dependent on Demand and Supply; 7: Of the Value of Money, As Dependent on Cost of Production; 8: Of A Double Standard, and Subsidiary Coins; 9: Of Credit, As a Substitute for Money; 10: Influence of Credit on Prices; 11: Of an Inconvertible Paper Currency; 5: George Goschen (1831-1907); 12: Remarks on the Interpretation of the Foreign Exchanges.; 6: W. Stanley Jevons (1835-82); 13: Barter.; 14: Exchange.; 15: The Functions of Money.; 16: Early History of Money.; 17: Qualities of The Material of Money.; 18: The Metals As Money.; 19: Coins.; 20: The Principles of Circulation; 21: Systems of Metallic Money.; 22: The English System of Metallic Currency