Bimetallism
An Economic and Historical Analysis
Häftad, Engelska, 2006
AvAngela Redish,Vancouver) Redish, Angela (University of British Columbia,Michael D. Bordo,Forrest Capie
489 kr
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This book, first published in 2000, presents a history of Western monetary systems and explains why bimetallism was preferred to a gold standard before 1800. Professor Redish argues that the technological ability to issue fiduciary monies, and a commitment mechanism to prevent opportunistic governments changing the ratio between the currency and a unit of gold, were (frequently overlooked) prerequisites for the emergence of the Classical gold standard. The simplicity of the gold standard, a monetary system where there is a fixed ratio between a weight of gold and a unit of currency, makes it an obvious focus for discussion of commodity money systems, and for contrasting with today's fiat money regimes.
Produktinformation
- Utgivningsdatum2006-11-02
- Mått152 x 228 x 17 mm
- Vikt435 g
- FormatHäftad
- SpråkEngelska
- SerieStudies in Macroeconomic History
- Antal sidor292
- FörlagCambridge University Press
- ISBN9780521028936