'The book gives a deep insight into different aspects of the DM as one of the most successful currencies of the last century. With the exception of one chapter all essays are non-technical and, therefore, allow a fast and easy access to the respective topic. This book is fun to read since all authors enrich the ongoing debate on how to deal with the legacy of the DM and the Bundesbank by stating controversial political views.' - Jürgen Born and Wim Kösters, Kredit und Kapital
'With the collection of these ten articles, the volume succeeds to draw a bow between the past of 50 years of the German Mark and the future of European monetary policy. The book demonstrates the significance of the 1948 currency reform and of the foundation of the Bundesbank for economic development in (West') Germany. Simultaneously, it pinpoints the chances and risks involved by a copy of the Bundesbank's institutional structure to the European Central Bank. Insofar, the present book is absorbing not only for those interested in German monetary history but even for those readers interested in proper design and in functionality of monetary institutions...' - Uwe Vollmer, Journal for East European Management Studies
'As a result of the confluence of British and German monetary thought, this rich and multifaceted collection of essays is a very readable book on the recent history of monetary thought and of important monetary institutions, as well as on the perspectives of monetary policy in Europe.' - Bertram Schefold, European Journal of the History of Economic Thought.
'This is a book which should be of interest to all those readers among academics and practitioners who wish to learn from the past for the future.' - Indira Gurbaxani, Frankfurter Allgemeine