Books by Fritz Machlup

Contains Fritz Machlup's papers on international finance. This book focuses on the theme of balance of payments. It includes such topics as foreign exchanges and balance of payments, the effects of devaluation, gold and foreign reserves, and capital movements and the transfer problem.

Talks about the knowledge industry in the US. Evaluating everything from stationery to presidential addresses, the author points out that the proportion of the labor force involved in the knowledge economy has increased from 11 to 32 percent between 1900 and 1959. He also founded the field of information economics.