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The big problem of small change /
"The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Thomas Sargent and Francois Velde examine the evolution of Western European economies through the lens of one...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
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Princeton, N.J. ; Oxford :
Princeton University Press,
©2002
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| Colección: | Princeton economic history of the Western world.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Thomas Sargent and Francois Velde examine the evolution of Western European economies through the lens of one of the classic problems of monetary history - the recurring scarcity and depreciation of small change. Through penetrating and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the "standard formula" was devised to address an age-old dilemma without causing inflation." "This is a keenly argued, richly imaginative, and attractively illustrated study. All those intrigued by monetary history will recognize this book for the standard that it is."--Jacket |
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| Descripción Física: | 1 online resource (xxi, 405 pages) : illustrations, portraits |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781400851621 1400851629 1306549418 9781306549417 |