Looking for a good book on the gold standard between the 1870s and WWI. Any Recommendations?

by coffeelabor

Its hard to find a good book on this topic that does not turn into an argument against banks and the federal reserve. Im looking for something that gives, as honest as possible, all the pros and cons of the gold standard during this time.

ReaperReader

Not a book, but the Economic History Association's website eh.net has a description of the pre-war Gold Standard and how it operated, running through to its break down in the inter-war period. No argument against banks or the existence of the Federal Reserve as a whole (or against the Bank of England, which was more important for the pre-WW1 standard). Source: Officer, Lawrence. “Gold Standard”. EH.Net Encyclopedia, edited by Robert Whaples. March 26, 2008. URL http://eh.net/encyclopedia/gold-standard/

Eh.net also has a collection of reviews on academic books about the Gold Standard (scroll down past their encyclopedia article), which might be helpful if you want to dig into some more detailed aspects.

Incidentally, I find that in monetary history it's useful to look for books and articles that take an international perspective. Books/articles about just one country have a higher tendency to be ones with a political axe to grind, thus the arguments about banks and the Federal Reserve you refer to. Not an absolute rule of course, either way.