Extended Book Review On Exorbitant Privilege: The Rise And Fall Of The Dollar And The Future Of The International Monetary System
Bibliographic record
Abstract
As the world’s only international currency, the US dollar continues to solidify the United States’ position in world finance and trade despite no longer contributing to the majority of industrial production as it once did. This has been referred to as the United States’ exorbitant privilege and plays into US exceptionalism. Evaluating Barry Eichengreen’s: Exorbitant Privilege: The Rise and Fall of the Dollar and the future of the International Monetary System an argument is made for a future with multiple international currencies or at least regional currencies. Such currencies would be able to counter the supremacy of the US dollar in international trade and affairs, resulting in a safer international financial system less susceptible to external critical conjunctures, which could bring world markets into a tizzy. The prospects for the internationalization of the Euro and the Renminbi are explored in keeping with Eichengreen’s postulations. 0 Links
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.004 |
| Meta-epidemiology (narrow) | 0.001 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.002 | 0.004 |
| Science and technology studies | 0.001 | 0.001 |
| Scholarly communication | 0.003 | 0.003 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.002 | 0.003 |
| Insufficient payload (model declined to judge) | 0.076 | 0.043 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".