Author: Roland P. Falkner
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Get Book Here

Book Description

Author: Roland P. Falkner
Publisher:
ISBN:
Category :
Languages : en
Pages : 44

Get Book Here

Book Description

Author: Thomas J. Sargent
Publisher: Princeton University Press
ISBN: 1400851629
Category : Business & Economics
Languages : en
Pages : 429

Get Book Here

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.

Author: Public Library of New South Wales
Publisher:
ISBN:
Category : Medals
Languages : en
Pages : 112

Get Book Here

Book Description

Author: James Ford Rhodes
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 694

Get Book Here

Book Description

Author: James Ford Rhodes
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 544

Get Book Here

Book Description

Author: James Ford Rhodes
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 694

Get Book Here

Book Description

Author: James Ford Rhodes
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 700

Get Book Here

Book Description

Author: Michael O'Malley
Publisher: University of Chicago Press
ISBN: 0226629376
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
"In Face Value, Michael O'Malley provides a deep history and a penetrating analysis of American thinking about money and the ways that this ambivalence unexpectedly intertwines with race. Like race, money is bound up in questions of identity and worth, each a kind of shorthand for the different values of two similar things. O'Malley illuminates how these two socially constructed hierarchies are deeply rooted in American anxieties about authenticity and difference.

Author: Raghavendra Rau
Publisher: Springer Nature
ISBN: 3030651177
Category : Business & Economics
Languages : en
Pages : 888

Get Book Here

Book Description
This handbook provides the first comprehensive overview of the fast-evolving alternative finance space and makes a timely and in-depth contribution to the literature in this area. Bringing together expert contributions in the field from both practitioners and academics, in one of the most dynamic parts of the financial sector, it provides a solid reference for this exciting discipline. Divided into six parts, Section 1 presents a high-level overview of the technologically-enabled finance space. It also offers a historical perspective on technological finance models and outlines different business models. Section 2 analyses digital currencies including guides to bitcoins, other cryptocurrencies, and blockchains. Section 3 addresses alternative payment systems such as digital money and asset tokenization. Section 4 deals with crowdfunding models from both a theoretical perspective and from a regulatory perspective. Section 5 discusses data-driven business models and includes a discussion of neural networks and deep learning. Finally, Section 6 discusses welfare implications of the technological finance revolution. This collection highlights the most current developments to date and the state-of-the-art in alternative finance, while also indicating areas of further potential. Acting as a roadmap for future research in this innovative and promising area of finance, this handbook is a solid reference work for academics and students whilst also appealing to industry practitioners, businesses and policy-makers.