Money in Historical Perspective

Money in Historical Perspective
Author: Anna J. Schwartz
Publisher: University of Chicago Press
Total Pages: 472
Release: 1987
Genre: Business & Economics
ISBN: 9780226742281

Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of her papers selected by Michael D. Bordo and Milton Friedman. Grouped into three sections, the essays constitute a number of Dr. Schwartz's most cited articles on the subject of monetary economics, many of which are no longer readily accessible. In the papers in part I, dating from 1947 to the present, Dr. Schwartz examines money and banking in the United States and the United Kingdom from a historical perspective. Her investigation of the historical evidence linking economic instability to erratic monetary behavior—this behavior itself a product of discretionary monetary policy—has led her to argue for the importance of stable money, and her writings on these issues over the last two decades form part II. The volume concludes with four recent articles on international monetary arrangements, including Dr. Schwartz's well-known work on the gold standard. This volume of classic essays by Anna Schwartz will be a useful addition to the libraries of scholars and students for its exemplary historical research and commentary on monetary systems.

Money and Currency

Money and Currency
Author: Hjalmar Horace Greeley Schacht
Publisher:
Total Pages: 38
Release: 1964
Genre: Currency question
ISBN:

The Cultural History of Money and Credit

The Cultural History of Money and Credit
Author: Chia Yin Hsu
Publisher: Lexington Books
Total Pages: 199
Release: 2015-12-14
Genre: History
ISBN: 1498505937

In the wake of the financial crisis in 2008, historians have turned with renewed urgency to understanding the economic dimension of historical change. In this collection, nine scholars present original research into the historical development of money and credit during the nineteenth and twentieth centuries and explore the social and cultural significance of financial phenomena from a global perspective. Together with an introduction by the editors, chapters emphasize themes of creditworthiness and access to credit, the role of the state in the loan market, modernization, colonialism, and global connections between markets. The first section of the volume, "Creditworthiness and Credit Risks," examines microfinancial markets in South India and Sri Lanka, Brazil, and the United States, in which access to credit depended largely on reputation, while larger investors showed a strong interest in policing economic behavior and encouraging thrift among market participants. The second section, "The Loan Market and the State," concerns attempts by national governments to regulate the lending activities of merchants and banks for social ends, from the liberal regime of nineteenth-century Switzerland to the far more statist policies of post-revolutionary Mexico, and U.S. legislation that strove to eliminate discrimination in lending. The third section, "Money, Commercial Exchange, and Global Connections," focuses on colonial and semicolonial societies in the Philippines, China, and Zimbabwe, where currency reform and the development of organized financial markets engendered conflict over competing models of economic development, often pitting the colony against the metropole. This volume offers a cultural history by considering money and credit as social relations, and explores how such relations were constructed and articulated by contemporaries. Chapters employ a variety of methodologies, including analyses of popular literature and the viewpoints of experts and professionals, investigations of policy measures and emerging social practices, and interpretations of quantitative data.

A History of Money

A History of Money
Author: John F Chown
Publisher: Routledge
Total Pages: 322
Release: 1994-05-26
Genre: Business & Economics
ISBN: 1134775776

This book presents a detailed and surprising history of money from Charlemagne's reform in approximately AD800 to the end of the Silver Wars in 1896. It also summarizes twentieth century developments and places them in their historical context.

The Development of Monetary Economics

The Development of Monetary Economics
Author: Denis Patrick O'Brien
Publisher: Edward Elgar Publishing
Total Pages: 285
Release: 2007-01-01
Genre: Business & Economics
ISBN: 1782542329

The literature of monetary economics has been characterised by controversy and changes in the received wisdom throughout its history. The controversies have related not merely to the effects on incomes and prices of changes in the money supply, but even to the question of whether causality runs from money to incomes and prices or vice versa. This book begins with the pioneering work of the sixteenth century French writer Jean Bodin, followed by the celebrated John Law, and John Locke (and his eighteenth century critics). It considers both the theory and the evidence involved in the controversy between the Currency and Banking schools. Closely related to this was the work of two writers, Thomas Joplin and Walter Bagehot, both of whom provided perspectives strikingly different from those of the main controversialists and, in so doing, advanced the subject of monetary economics. The book seeks, through the examination of monetary controversies, to provide an historical perspective on modern understanding of monetary policy. It will be essential reading for economists with an interest in monetary economics and the history of economic thought.

Handbook of the History of Money and Currency

Handbook of the History of Money and Currency
Author: YOUSSEF CASSIS STEFANO BATTILOSSI (KAZUHIKO YAGO.)
Publisher:
Total Pages:
Release: 2018
Genre: Banks and banking
ISBN: 9789811006227

"Updated content will continue to be published as 'Living Reference Works'"--Publisher.

The Making of National Money

The Making of National Money
Author: Eric Helleiner
Publisher: Cornell University Press
Total Pages: 290
Release: 2018-07-05
Genre: Political Science
ISBN: 1501720724

Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflected basic questions of national identity and self-presentation: In what way should money be managed to serve national goals? Whose pictures should go on the banknotes? Helleiner draws out the potent implications of this largely unknown history for today's context. Territorial currencies face challenges from many monetary innovations—the creation of the euro, dollarization, the spread of local currencies, and the prospect of privately issued electronic currencies. While these challenges are dramatic, the author argues that their significance should not be overstated. Even in their short historical life, territorial currencies have never been as dominant as conventional wisdom suggests. The future of this kind of currency, Helleiner contends, depends on political struggles across the globe, struggles that echo those at the birth of national money.

Economic Analysis in Historical Perspective

Economic Analysis in Historical Perspective
Author: John Creedy
Publisher: Ashgate Publishing
Total Pages: 252
Release: 1992
Genre: Business & Economics
ISBN:

This book concentrates on major ideas in economics, rather than taking the great men approach to the history of economic thought. It approaches the subject from the viewpoint of the modern literature, rather than working forwards from the historical material. The student should thus be able to more easily relate previous economic writings to the subject matter of an undergraduate course.

Money, Markets, and Sovereignty

Money, Markets, and Sovereignty
Author: Benn Steil
Publisher: Yale University Press
Total Pages: 301
Release: 2009-04-01
Genre: Business & Economics
ISBN: 0300156146

Winner of the 2010 Hayek Book Prize given by the Manhattan Institute "Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington Times In this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization. Steil and Hinds describe the current state of international economic relations as both unusual and precarious. Eras of economic protectionism have historically coincided with monetary nationalism, while eras of liberal trade have been accompanied by a universal monetary standard. But today, the authors show, an unprecedentedly liberal global trade regime operates side by side with the most extreme doctrine of monetary nationalism ever contrived—a situation bound to trigger periodic crises. Steil and Hinds call for a revival of the political and economic thinking that underlay earlier great periods of globalization, thinking that is increasingly under threat by more recent ideas about what sovereignty means.