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Bimetallism

An Economic and Historical Analysis

Inbunden, Engelska, 2000

AvAngela Redish,Vancouver) Redish, Angela (University of British Columbia,Michael D. Bordo,Forrest Capie

1 729 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

  • Utgivningsdatum2000-08-28
  • Mått162 x 238 x 23 mm
  • Vikt535 g
  • FormatInbunden
  • SpråkEngelska
  • SerieStudies in Macroeconomic History
  • Antal sidor290
  • FörlagCambridge University Press
  • ISBN9780521570916

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