The patent for coining copper money granted by King George I to the English manufacturer William Wood aroused nationwide protest in Ireland. It led to the publication of Jonathan Swift’s «Drapier’s Le
Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make t
Despite his achievements, David Ricardo’s views on money have often been misunderstood and underappreciated. His unorthodox ideas had to wait until the 20th century to be applied, and most historians
The financial and economic crisis that hit Europe in 2009 brought out the precariousness of the monetary union, accentuating the economic disequilibrium among European nations and strengthening Euro-s
Central bankers have enjoyed great power and autonomy. They have cooperated to construct and preserve towering structures of debt, reshaping relations of power and ownership around the world. In Centr
This book provides a broad overview of monetary developments in Norway over the past 200 years, using a rich variety of graphical illustrations based on a unique data set of historical monetary statistics, which will be documented and made available on the Norges Bank website (in English) at http://www.norges-bank.no/en. Throughout the book, Norway's monetary developments are anchored in a historical context and in the development of monetary thinking. Through their analysis of the historical data, the authors provide new insights and comparisons to other Scandinavian countries, along with an excellent examination of the development and character of the banking and financial system in Norway.
The economy of ancient Rome, with its money, complex credit arrangements, and long-range shipping, was surprisingly modern. Yet Romans also exchanged goods and services within a robust system of gifts
Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good
China's currency, the renminbi (RMB), has taken the world by storm. The RMB is well on its way to becoming a significant international currency, one that is used widely in international trade and fina
The world is drowning in cash--and it's making us poorer and less safe. In The Curse of Cash, Kenneth Rogoff, one of the world's leading economists, makes a persuasive and fascinating case for an ide
