By Michael D. Bordo, Barry Eichengreen
Read Online or Download A Retrospective on the Bretton Woods system PDF
Best money & monetary policy books
The republication of Suzanne de Brunhoff’s vintage research into Karl Marx’s perception of “the cash commodity” shines gentle on commodities and their fetishism. The research of cash because the crystallization of price in its fabric experience is principal to how we comprehend capitalism and the way it may be abolished.
The struggle on Gold is a definitive learn of the previous, current, and way forward for the steel that Keynesian economists and political schemers have denounced as a barbarous relic. The warfare on gold begun a number of centuries in the past, whilst politicians found they can print unlimited quantities of paper foreign money for a small fraction of the price of utilizing gold as funds.
- Money Stock Control and Inflation Targeting in Germany: A State Space Modelling Approach to the Bundesbank’s Operating Procedures and Intermediate Strategy
- Bitcoin and Digital Currencies: The New World of Money and Freedom
- Political Economy of Money: Emerging Fiat Monetary Regime
- Reflections on the world economic crisis
- Fighting Financial Fires
Additional info for A Retrospective on the Bretton Woods system
See for example Yves Renouard, ‘‘Les hommes d’aﬀaires italiens et l’avenement de la Renaissance,’’ in Etudes d’histoire me´die´vale, –; Iris Origo, The Merchant of Prato: Francesco di Marco Datini (London, ), esp. –, –. ⁴⁶ For the early development of the concept of market order within scholastic economic thought, see chapter . For later, fourteenth-century reﬁnements, see chapter , – and –. Monetization and monetary consciousness forced by the growing observation of its capacity to deﬁne values not only in the absence of, but also in spite of, attempts by governing agencies to regulate and to control it.
The silver content of the denier or gros of St. Louis remained the standard to which successive French kings sought to return the debased coinage in those rare periods when they found themselves ﬁnancially able to strengthen the currency. The strong currency of St. Louis ceased to be held as an ideal only after when the king’s economic advisors had come to recognize that there were simply insuﬃcient supplies of silver for such a revaluation. On this, see Cazelles, ‘‘Mutations de la monnaie,’’ –.
Vols. (Paris, ), vol. , : ‘‘Occasione mutationis monetae debilis in fortem, damnosa seditio, praecipue propter locationes domorum, Parisius exorta est. Cum enim cives Parisius locare domos, et earum locationis pretium in forti moneta, juxta regale statutum, recipere niterentur; (quod tamen communis populis multitudini grave nimium propter triplicationem consueti pretii videbatur) tandem aliqui ex popularibus ipsis tam contra regem quam contra cives conjuncti. ’’ See a similar account in the Chronicon Girardi de Fracheto et anonyma ejusdem operis continuatio, vol.