| Title:
|
BIMETALLISM
AN ECONOMIC AND HISTORICAL ANALYSIS |
| By: |
Angela Redish, Michael Bordo, Forrest Capie |
| Format: |
Paperback |
| List price:
|
£26.99 |
| Our price: |
£23.62 |
| Discount: |
|
| You save:
|
£3.37 |
|
|
|
|
|
| ISBN 10: |
0521028930 |
| ISBN 13: |
9780521028936 |
| Availability: |
Usually dispatched within 1-3 weeks.
 Delivery
rates
|
| Stock: |
Currently 0 available |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
25 July, 2006 |
| Series: |
Studies in Macroeconomic History |
| Pages: |
292 |
| Description: |
A history of Western monetary systems and their preference to the bimetallism before 1800, first published in 2000. |
| Synopsis: |
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. |
| Illustrations: |
27 b/w illus. 10 tables |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |