Książka Bimetallism Angela Redish

Bimetallism

An Economic and Historical Analysis

Autor: Angela Redish
Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy
Wysyłamy za 9-15 dni
165.73
This book, first published in 2000, presents a history of Western monetary systems and explains why...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2006
strony
292
EAN
9780521028936
ISBN
0521028930
Enbook ID
02018852
Waga
452
Wymiary
229 x 154 x 23

Pełny opis

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.

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