Money in Historical Perspective

Money in Historical Perspective
Author :
Publisher : University of Chicago Press
Total Pages : 461
Release :
ISBN-10 : 9780226742298
ISBN-13 : 0226742296
Rating : 4/5 (98 Downloads)

Synopsis Money in Historical Perspective by : Anna J. Schwartz

Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of her papers selected by Michael D. Bordo and Milton Friedman. Grouped into three sections, the essays constitute a number of Dr. Schwartz's most cited articles on the subject of monetary economics, many of which are no longer readily accessible. In the papers in part I, dating from 1947 to the present, Dr. Schwartz examines money and banking in the United States and the United Kingdom from a historical perspective. Her investigation of the historical evidence linking economic instability to erratic monetary behavior—this behavior itself a product of discretionary monetary policy—has led her to argue for the importance of stable money, and her writings on these issues over the last two decades form part II. The volume concludes with four recent articles on international monetary arrangements, including Dr. Schwartz's well-known work on the gold standard. This volume of classic essays by Anna Schwartz will be a useful addition to the libraries of scholars and students for its exemplary historical research and commentary on monetary systems.

The Making of National Money

The Making of National Money
Author :
Publisher : Cornell University Press
Total Pages : 290
Release :
ISBN-10 : 9781501720727
ISBN-13 : 1501720724
Rating : 4/5 (27 Downloads)

Synopsis The Making of National Money by : Eric Helleiner

Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflected basic questions of national identity and self-presentation: In what way should money be managed to serve national goals? Whose pictures should go on the banknotes? Helleiner draws out the potent implications of this largely unknown history for today's context. Territorial currencies face challenges from many monetary innovations—the creation of the euro, dollarization, the spread of local currencies, and the prospect of privately issued electronic currencies. While these challenges are dramatic, the author argues that their significance should not be overstated. Even in their short historical life, territorial currencies have never been as dominant as conventional wisdom suggests. The future of this kind of currency, Helleiner contends, depends on political struggles across the globe, struggles that echo those at the birth of national money.

The Ascent of Money

The Ascent of Money
Author :
Publisher : Penguin
Total Pages : 498
Release :
ISBN-10 : 9781440654022
ISBN-13 : 1440654026
Rating : 4/5 (22 Downloads)

Synopsis The Ascent of Money by : Niall Ferguson

The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.

Economic Analysis in Historical Perspective

Economic Analysis in Historical Perspective
Author :
Publisher : Butterworth-Heinemann
Total Pages : 252
Release :
ISBN-10 : UOM:39015008222633
ISBN-13 :
Rating : 4/5 (33 Downloads)

Synopsis Economic Analysis in Historical Perspective by : John Creedy

Economic Analysis in Historical Perspective offers a wide discussion on economics and its history. One of the book's main principles is to place the several major areas of economic analysis in historical perspective.

Money, Markets, and Sovereignty

Money, Markets, and Sovereignty
Author :
Publisher : Yale University Press
Total Pages : 301
Release :
ISBN-10 : 9780300156140
ISBN-13 : 0300156146
Rating : 4/5 (40 Downloads)

Synopsis Money, Markets, and Sovereignty by : Benn Steil

Winner of the 2010 Hayek Book Prize given by the Manhattan Institute "Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington Times In this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization. Steil and Hinds describe the current state of international economic relations as both unusual and precarious. Eras of economic protectionism have historically coincided with monetary nationalism, while eras of liberal trade have been accompanied by a universal monetary standard. But today, the authors show, an unprecedentedly liberal global trade regime operates side by side with the most extreme doctrine of monetary nationalism ever contrived—a situation bound to trigger periodic crises. Steil and Hinds call for a revival of the political and economic thinking that underlay earlier great periods of globalization, thinking that is increasingly under threat by more recent ideas about what sovereignty means.

Handbook of the History of Money and Currency

Handbook of the History of Money and Currency
Author :
Publisher : Springer
Total Pages : 0
Release :
ISBN-10 : 9811305951
ISBN-13 : 9789811305955
Rating : 4/5 (51 Downloads)

Synopsis Handbook of the History of Money and Currency by : Stefano Battilossi

This handbook provides a comprehensive overview of state-of-the-art research in the field of monetary and financial history. The authors comprise different generations of leading scholars from universities worldwide. Thanks to its unrivaled breadth both in time (from antiquity to the present) and geographical coverage (from Europe to the Americas and Asia), the volume is set to become a key reference for historians, economists, and social scientists with an interest in the subject. The handbook reflects the existing variety of scholarly approaches in the field, from theoretically driven macroeconomic history to the political economy of monetary institutions and the historical evolution of monetary policies. Its thematic sections cover a wide range of topics, including the historical origins of money; money, coinage, and the state; trade, money markets, and international currencies; money and metals; monetary experiments; Asian monetary systems; exchange rate regimes; monetary integration; central banking and monetary policy; and aggregate price shocks.

Civilization

Civilization
Author :
Publisher : Penguin
Total Pages : 432
Release :
ISBN-10 : 9781101548028
ISBN-13 : 1101548029
Rating : 4/5 (28 Downloads)

Synopsis Civilization by : Niall Ferguson

From the bestselling author of The Ascent of Money and The Square and the Tower “A dazzling history of Western ideas.” —The Economist “Mr. Ferguson tells his story with characteristic verve and an eye for the felicitous phrase.” —Wall Street Journal “[W]ritten with vitality and verve . . . a tour de force.” —Boston Globe Western civilization’s rise to global dominance is the single most important historical phenomenon of the past five centuries. How did the West overtake its Eastern rivals? And has the zenith of Western power now passed? Acclaimed historian Niall Ferguson argues that beginning in the fifteenth century, the West developed six powerful new concepts, or “killer applications”—competition, science, the rule of law, modern medicine, consumerism, and the work ethic—that the Rest lacked, allowing it to surge past all other competitors. Yet now, Ferguson shows how the Rest have downloaded the killer apps the West once monopolized, while the West has literally lost faith in itself. Chronicling the rise and fall of empires alongside clashes (and fusions) of civilizations, Civilization: The West and the Rest recasts world history with force and wit. Boldly argued and teeming with memorable characters, this is Ferguson at his very best.

Banks and Finance in Modern Macroeconomics

Banks and Finance in Modern Macroeconomics
Author :
Publisher : Edward Elgar Publishing
Total Pages : 420
Release :
ISBN-10 : 9781786431530
ISBN-13 : 178643153X
Rating : 4/5 (30 Downloads)

Synopsis Banks and Finance in Modern Macroeconomics by : Bruna Ingrao

The world financial crisis of 2007–2008 dramatically showed the importance of credit and financial relations for the efficient working of the economy. For a long time mainstream macroeconomics ignored these aspects and concentrated only on the real sector or just took into account the most elementary picture of the financial side of the economy. This book aims at explaining why this happened through an historical excursion of 20th century mainstream macroeconomic theory.

Money Mania

Money Mania
Author :
Publisher : Bloomsbury Publishing USA
Total Pages : 321
Release :
ISBN-10 : 9781608198412
ISBN-13 : 1608198413
Rating : 4/5 (12 Downloads)

Synopsis Money Mania by : Bob Swarup

From ancient Rome to the Great Meltdown of 2008, this account of financial crises throughout history reveals the common human foibles that drive economic booms and busts.

The Ascent of Money

The Ascent of Money
Author :
Publisher : Penguin
Total Pages : 452
Release :
ISBN-10 : 1594201927
ISBN-13 : 9781594201929
Rating : 4/5 (27 Downloads)

Synopsis The Ascent of Money by : Niall Ferguson

Ferguson tells the human story behind the evolution of money, from its origins in ancient Mesopotamia to the latest Wall Street upheavals. The author shows that finance is, in fact, the foundation of human progress.