The Three Types of Currency. The Monetary Question (Antiquity - 19th Century). PDF Download
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Author: Georges Depeyrot
Publisher:
ISBN: 9789491384769
Category :
Languages : en
Pages : 271
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Book Description
Between the creation of currency in the 7th century BC and the general monetization of trade, including the smallest types, during the 19th century, mints were never able to produce enough currencies to meet the needs of people. These needs differed according to social strata, rulers wanted large amounts of currency of high value capable of financing the needs of the countries. When necessary, governments resorted to currency manipulation or debts. Merchants wanted to trade in stable currencies to be able to borrow and lend funds, and above all, to secure themselves against currency devaluations. The population, often deprived of coins, used various currencies, often local. In rural communities, debts were common.0We get the perception of how currencies circulated during that period from various resources. In some cases, these are official documents, which explain the needs of authorities, in other cases, this is ample documentation left by merchants, who took care of their business. The population did not leave much record. Only economists and ecclesiastical texts spoke as if the currency concerned the entire population.0Coin finds themselves point to the division in the spheres of exchange. There were silver coins or poor bronze coins, depending on the fortune of their owners.0The study of money therefore requires taking into account the existence of three zones of circulation.0Never in history, has there existed only one currency. On the contrary, there have always coexisted three of them, different and complementary. The prevailing concept was carried by merchants: liberalization of loans and generalization of banks, stability of currencies and units of account, monetization of all social strata.
Author: Georges Depeyrot
Publisher:
ISBN: 9789491384769
Category :
Languages : en
Pages : 271
Get Book Here
Book Description
Between the creation of currency in the 7th century BC and the general monetization of trade, including the smallest types, during the 19th century, mints were never able to produce enough currencies to meet the needs of people. These needs differed according to social strata, rulers wanted large amounts of currency of high value capable of financing the needs of the countries. When necessary, governments resorted to currency manipulation or debts. Merchants wanted to trade in stable currencies to be able to borrow and lend funds, and above all, to secure themselves against currency devaluations. The population, often deprived of coins, used various currencies, often local. In rural communities, debts were common.0We get the perception of how currencies circulated during that period from various resources. In some cases, these are official documents, which explain the needs of authorities, in other cases, this is ample documentation left by merchants, who took care of their business. The population did not leave much record. Only economists and ecclesiastical texts spoke as if the currency concerned the entire population.0Coin finds themselves point to the division in the spheres of exchange. There were silver coins or poor bronze coins, depending on the fortune of their owners.0The study of money therefore requires taking into account the existence of three zones of circulation.0Never in history, has there existed only one currency. On the contrary, there have always coexisted three of them, different and complementary. The prevailing concept was carried by merchants: liberalization of loans and generalization of banks, stability of currencies and units of account, monetization of all social strata.
Author: William Stanley Jevons
Publisher: New York : D. Appleton, c[1875]
ISBN:
Category : Exchange
Languages : en
Pages : 396
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Book Description
Series title also at head of t.p.
Author: Bloomsbury Publishing
Publisher: Bloomsbury Publishing
ISBN: 1350253383
Category : History
Languages : en
Pages : 216
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Book Description
The origins of the modern, Western concept of money can be traced back to the earliest electrum coins that were produced in Asia Minor in the seventh century BCE. While other forms of currency (shells, jewelry, silver ingots) were in widespread use long before this, the introduction of coinage aided and accelerated momentous economic, political, and social developments such as long-distance trade, wealth creation (and the social differentiation that followed from that), and the financing of military and political power. Coinage, though adopted inconsistently across different ancient societies, became a significant marker of identity and became embedded in practices of religion and superstition. And this period also witnessed the emergence of the problems of money - inflation, monetary instability, and the breakup of monetary unions - which have surfaced repeatedly in succeeding centuries. Drawing upon a wealth of visual and textual sources, A Cultural History of Money in Antiquity presents essays that examine key cultural case studies of the period on the themes of technologies, ideas, ritual and religion, the everyday, art and representation, interpretation, and the issues of the age.
Author: Sitta von Reden
Publisher: Cambridge University Press
ISBN: 0521453372
Category : Antiques & Collectibles
Languages : en
Pages : 261
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Book Description
A comprehensive analysis of the impact of money on the economy, society and culture of the Greek and Roman worlds.
Author: James Powell
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
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Book Description
Author: Hans Ulrich Vogel
Publisher: BRILL
ISBN: 9004231935
Category : Business & Economics
Languages : en
Pages : 676
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Book Description
In Marco Polo was in China Hans Ulrich Vogel undertakes a thorough study of Yuan currencies, salts and revenues, by comparing Marco Polo manuscripts with Chinese sources and thus offering new evidence for the Venetian’s stay in Khubilai Khan’s empire.
Author: Glyn Davies
Publisher: University of Wales Press
ISBN: 1783162767
Category : Business & Economics
Languages : en
Pages : 1069
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Book Description
An account of the central importance of money in the ordinary business of the life of different people throughout the ages from ancient times to the present day. It includes the Barings crisis and the report by the Bank of England on Barings Bank; information on the state of Japanese banking; and, the changes in the financial scene in the US.
Author: Jairus Banaji
Publisher: Cambridge University Press
ISBN: 1107101948
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
This book contributes to a new economic history of late antiquity, with tightly argued, stimulating studies of class, money and exchange.
Author: Thomas Piketty
Publisher: Harvard University Press
ISBN: 0674979850
Category : Business & Economics
Languages : en
Pages : 817
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Book Description
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Author: David Schaps
Publisher: University of Michigan Press
ISBN: 0472036408
Category : Antiques & Collectibles
Languages : en
Pages : 313
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Book Description
Coinage appeared at a moment when it fulfilled an essential need in Greek society and brought with it rationalization and social leveling in some respects, while simultaneously producing new illusions, paradoxes, and new elites. In a book that will encourage scholarly discussion for some time, David M. Schaps addresses a range of important coinage topics, among them money, exchange, and economic organization in the Near East and in Greece before the introduction of coinage; the invention of coinage and the reasons for its adoption; and the developing use of money to make more money.
