The Future of Money. By Benjamin J. Cohen. Princeton: Princeton University Press, 2003. 312p. $29.95.

Benjamin Cohen has produced yet another excellent volume on the political economy of international monetary affairs, this time with a worthy successor to his previous opus, The Geography of Money (1998). Like most of Cohen's scholarship, The Future of Money displays the author's remarkable facility with the vast breadth of issues, theories, puzzles, and esoterica associated with monetary matters, as well as a confident command of monetary policy and history. Future is perhaps less ambitious than Geography, but it is tight, well argued, and not wanting for important claims.