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A monetary history of the United States, 1867-1960
No detailed description available for \"A Monetary History of the United States, 1867-1960\".
eBook
A monetary history of the United States, 1867-1960 (National bureau of economic research)
Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: \"The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues.\"
Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7,The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: \"If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger.\"
Milton Friedman won the Nobel Prize in Economics in 2000 for work related toA Monetary Historyas well as to his other Princeton University Press book,A Theory of the Consumption Function(1957).
eBook
Data money : inside cryptocurrencies, their communities, markets, and blockchains
\"From clay tablets to cigarettes, the materials through which monies can be imagined are limited only by the boundary of human imagination. Despite such a well-documented rich universe of monetary forms, there have been only three globally dominant materialities of fiat currency used within and across politically defined boundaries - metal, paper, and the latest, data. How are we to understand this newly emergent data money? Data Money by Koray Caliskan is an investigation into what cryptocurrency is by developing an understanding of how it is made and exchanged. Crypto is not money in the sense of currency or cash and locates its value in cryptocurrency-making, their markets, and the communities that support them. Through participatory research with two currency exchange communities as well as analysis of the 100 largest currencies, Caliskan covers the history and evolution of blockchains, the workings of exchange platforms and markets, the programmers who create currencies, the rise and fall of the currency Electra, and the future of the crypto-economy. In sum, Caliskan provides an unprecedented vision of data money at the micro and macro levels at a crucial point in their acceptance and expansion\"-- Provided by publisher.
BOOK
Lever of Empire
This book, the first full account of Japan's financial history and the Japanese gold standard in the pivotal years before World War II, provides a new perspective on the global political dynamics of the era by placing Japan, rather than Europe, at the center of the story. Focusing on the fall of liberalism in Japan in late 1931 and the global politics of money that were at the center of the crisis, Mark Metzler asks why successive Japanese governments from 1920 to 1931 carried out policies that deliberately induced deflation and depression. His search for answers stretches from Edo to London to the ragged borderlands of the Japanese empire and from the eighteenth century to the 1950s, integrating political and monetary analysis to shed light on the complex dynamics of money, empire, and global hegemony. His detailed and broad ranging account illuminates a range of issues including Japan's involvement in the economic dynamics that shook interwar Europe, the character of U.S. isolationism, and the rise of fascism as an international phenomenon.
eBook