The author examines how states canand haveused international currency relationships and arrangements as instruments of coercive power for the advancement of state security. He uncovers how monetary power is affected by different monetary regimes, the sources of its success and failure, and the factors that lead states to turn to its use.

The Coercion Thesis has been a subject of longstanding debate, but legal positivist scholarship over the last several decades has concluded that coercion is not necessary for law. Coercion and the Nature of Law is concerned with reviving the Coercion Thesis, presenting a strong case for the inherently coercive nature of legal regulation, and arguing that anything properly chara...(展开全部)

'I should have written you after my first reading of The Living Currency; it was already breath-taking and I should have responded. After reading it a few more times, I know it is the best book of our times.' Letter to Pierre Klossowski from Michel Foucault, winter 1970. Living Currency is the first English translation of Klossowski's La monnaie vivante. It offers an analysis o...(展开全部)