• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bimetallism: An Economic and Historical Analysis

Bimetallism: An Economic and Historical Analysis

Hardcover

Series: Studies in Macroeconomic History

EconomicsInvesting & Finance

ISBN10: 0521570913
ISBN13: 9780521570916
Publisher: Cambridge University Press
Published: Aug 28 2000
Pages: 290
Weight: 1.16
Height: 0.82 Width: 6.36 Depth: 9.32
Language: English
This book presents a history of Western monetary systems and explains why the system 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 contrasts with today's fiat money regimes.

1 different editions

Also available

Also in

Investing & Finance