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Bimetallism

An Economic and Historical Analysis

Language EnglishEnglish
Book Paperback
Book Bimetallism Angela Redish
Libristo code: 02018852
Publishers Cambridge University Press, November 2006
This book, first published in 2000, presents a history of Western monetary systems and explains why... Full description
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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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About the book

Full name Bimetallism
Author Angela Redish
Language English
Binding Book - Paperback
Date of issue 2006
Number of pages 292
EAN 9780521028936
ISBN 0521028930
Libristo code 02018852
Publishers Cambridge University Press
Weight 452
Dimensions 229 x 154 x 23

Categories

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > Economic history
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