Book notes: Shades of sovereignty, by Paul Wilson
An essential and stimulating read for central bankers thinking about the monetary history of their state in relation to its historical perspective and broad international trends
Paul Wilson, Shades of sovereignty: money and the making of the state, Rowman & Littlefield, 2021, 276 pages
Is monetary sovereignty an indispensable ingredient of political sovereignty? Certainly, it was a prominent argument for those who opposed the UK adopting the euro. ‘Not so fast,’ says Paul Wilson. Drawing on a wealth of historical and contemporary examples as well as his own hands-on experience – as head of government relations at banknote printer De La Rue, he worked with many central
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