HAWTREY (Ralph George).
Towards the Rescue of Sterling.
‘In this most timely book, the author attributes the main troubles of the present times - inflation and the adverse balance of payments - to excessive spending, including capital outlay as well as the cost of consumption and defence’ (dust jacket blurb).
The British economist and civil servant Sir Ralph George Hawtrey (1879–1975) was close friend of John Maynard Keynes and has the distinction of being one of the few authors to whom Keynes acknowledged an intellectual debt in the Preface to his General Theory.
