I am honored to have served as Kurt’s Ph.d advisor. He recently found the original Bretton Woods archival manuscripts, hidden away in Treasury, here is that story, written up by Annie Lowrey at The New York Times. Excerpt:
“Everyone thinks they know what happened at Bretton Woods, but what they know has been filtered by generations of historical accounts,” Barry Eichengreen, a professor or economics and political science at the University of California, Berkeley, said in a statement. “International monetary history will never be the same.”
The transcript provides “insight in how it was that they were able to maintain a pace of work which allowed them to reach two really big agreements, on the I.M.F. and the World Bank, within a space of three weeks,” Mr. Schuler said. “Keynes was something of a task master,” he added.
Perhaps the Eurozone — among others — could take a lesson from that.