Inside the South African Reserve Bank – Its Origins and Secrets Exposed by Stephen Mitford Goodson

Inside the South African Reserve Bank – Its Origins and Secrets Exposed by Stephen Mitford Goodson was published in London by Black House Publishing in 2014. This is the paperback edition.

Goodson, who served as a non-executive director of the South African Reserve Bank, gives his own account of his time at the bank and of the circumstances of his departure. He also traces the founding of the Reserve Bank in the context of the international spread of central banking in the early twentieth century, discussing figures such as Montagu Norman of the Bank of England, Jan Smuts and Henry Strakosch, and the opposition to central banking from the Labour Party of the day.

Inside the South African Reserve Bank goes on to examine examples of state banking in countries including Canada, Australia, New Zealand and the state of North Dakota, and closes with appendices setting out the author’s draft legislation for banking reform. It presents a strongly argued and controversial personal view that differs sharply from mainstream accounts of central banking and of the Reserve Bank’s history.

Inside the South African Reserve Bank will interest readers of South African economic and political history, those following debates on central banking and monetary policy, and collectors of contested and polemical South African writing.

Condition – Fine/Like New

A fine, as-new copy of Inside the South African Reserve Bank with clean, bright covers, an uncreased spine and a firm binding. The original bookseller’s price label remains on the rear cover, and a small distributor’s contact label is fixed to the copyright page. The text pages are clean and unmarked throughout.