Carol Connell, author of several insightful articles on Fritz Machlup (including "Fritz Machlup's Methodology and The Theory of the Growth of the Firm" in the 2007 QJAE), has a new book, Reforming the World Monetary System: Fritz Machlup and the Bellagio Group. The book deals with Machlup's attempts in the 1960s to organize a group of elite economists to make recommendations on international monetary policy. No one in Machlup's group, including Machlup himself, recommended a return to the international gold standard, which led to a temporary falling-out between Machlup and Mises.
Connell on Machlup
