16. The Present Monetary Crisis of the West: The First Phase (1964)
‘There marched the Emperor in the procession under the beautiful canopy, and everybody in the streets and in the windows said: “Goodness! The Emperor’s new clothes are the finest he has ever had. What a wonderful train, what a perfect fit!” . . .
Appendix: Personal Statement of Dissent Appended to the Bellagio Report (1964)
Statement by Michael A.
The Ludwig von Mises Institute
The Ludwig von Mises Institute
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International Monetary Economics

International Monetary Economics
By
MICHAEL A. HEILPERIN, D.Sc. (Econ.)
Assistant Professor at the Graduate Institute
of International Studies, Geneva
LONGMANS, GREEN AND CO.
LONDON NEW YORK TORONTO
LVMI

Longmans, Green And Go. Ltd.
LONGMANS, GREEN AND GO. LTD.
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First published 1939
PRINTED IN GREAT BRITAIN BY WESTERN PRINTING SERVICES LTD., BRISTOL
Digital edition September 2013 by the Mises Institute
To My Colleagues and Friends of the Graduate Institute of International Studies
To
My Colleagues and Friends
of the Graduate Institute
of International Studies
Preface
THE scope of this book covers an investigation of the structure of international monetary relations, an inquiry into the nature of monetary internationalism and into the conditions which make its continued existence possible, and an investigation of the consequences of its destruction and replacement by nationalistic monetary policies.