Author: United States. Congress. House. Government Operations
Publisher:
ISBN:
Category :
Languages : en
Pages : 504
Book Description
Coin Shortage
Author: United States. Congress. House. Government Operations
Publisher:
ISBN:
Category :
Languages : en
Pages : 504
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 504
Book Description
Coin Shortage
Author: United States. Congress. House. Committee on Government Operations
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 278
Book Description
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 278
Book Description
The Big Problem of Small Change
Author: Thomas J. Sargent
Publisher: Princeton University Press
ISBN: 1400851629
Category : Business & Economics
Languages : en
Pages : 429
Book Description
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. Two leading economists, Thomas Sargent and François 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. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.
Publisher: Princeton University Press
ISBN: 1400851629
Category : Business & Economics
Languages : en
Pages : 429
Book Description
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. Two leading economists, Thomas Sargent and François 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. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.
Retention of "1964" on All Coins
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 122
Book Description
Considers legislation to increase coin production.
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 122
Book Description
Considers legislation to increase coin production.
Retention of "1964" on All Coins, Hearing Before ..., 88-2 on S. 2950 ..., July 21, 1964
Author: United States. Congress. Senate. Bnaking and Currency Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 118
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 118
Book Description
Treasury's crash program
Author: United States. Congress. House. Committee on Government Operations
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 236
Book Description
Publisher:
ISBN:
Category : Coinage
Languages : en
Pages : 236
Book Description
Hearings, Reports and Prints of the Senate Committee on Banking and Currency
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1764
Book Description
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1764
Book Description
Congressional Record
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1240
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1240
Book Description
Good Money
Author: George A. Selgin
Publisher: University of Michigan Press
ISBN: 0472116312
Category : Coinage
Languages : en
Pages : 66
Book Description
Private Enterprise and the Foundation of Modern Coinage
Publisher: University of Michigan Press
ISBN: 0472116312
Category : Coinage
Languages : en
Pages : 66
Book Description
Private Enterprise and the Foundation of Modern Coinage
Congressional Record
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 2218
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 2218
Book Description