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Paperback Bimetallism: An Economic and Historical Analysis Book
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ISBN: 0521028930

ISBN13: 9780521028936

Bimetallism: An Economic and Historical Analysis

(Part of the Studies in Macroeconomic History Series)

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Format: Paperback

Condition: New

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Book Overview

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...

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Business Business & Investing Economics

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