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Scale and Scope: Coinage, Arbitrage, and Bimetallism

Marc Flandreau

in The Glitter of Gold: France Bimetallism and the Emergence of the International Gold Standard 1848-1873

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199257867
eISBN:
9780191601279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199257868.003.0007
Subject:
Economics and Finance, Economic History

Chapter 6 documents the role of arbitrage networks on the operation of bimetallism. Focusing on the experience of the Rothschilds, its shows how bankers organized themselves in order to take ... More


The French Crime of 1873: An Essay in Interpretation

Marc Flandreau

in The Glitter of Gold: France Bimetallism and the Emergence of the International Gold Standard 1848-1873

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199257867
eISBN:
9780191601279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199257868.003.0009
Subject:
Economics and Finance, Economic History

Chapter 8 analyses the end of bimetallism. It shows that the conventional view of an inescapable collapse is not founded. France, endowed with a large share of the gold output of the 1850s and 1860s, ... More


A Common Origin for Coinage?

Niv Horesh

in Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012

Published in print:
2013
Published Online:
September 2014
ISBN:
9780804787192
eISBN:
9780804788540
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804787192.003.0002
Subject:
Economics and Finance, Economic History

It is often assumed that the “roundness” of coinage had been globally found to be superior to other forms of coinage in antiquity -- that is long before Leonardo da Vinci explicitly stated so. ... More


From Coinage to Paper Money: The Origins and Evolution of Chinese and Western Banknotes in Comparison

Niv Horesh

in Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012

Published in print:
2013
Published Online:
September 2014
ISBN:
9780804787192
eISBN:
9780804788540
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804787192.003.0003
Subject:
Economics and Finance, Economic History

This chapter explains the different numismatic traditions across Eurasia leading up to the emergence of paper money in the early modern era. In the process, the chapter surveys all the great ... More


Chinese Money in Global Context: Historic Junctures Between 600 BCE and 2012

Niv Horesh

Published in print:
2013
Published Online:
September 2014
ISBN:
9780804787192
eISBN:
9780804788540
Item type:
book
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804787192.001.0001
Subject:
Economics and Finance, Economic History

This book offers an interpretation of the Chinese monetary system, charting its evolution by examining key moments in history – from BCE 600 up to the present. It places these moments in ... More


Money and Finance

Geoffrey M. Hodgson

in Conceptualizing Capitalism: Institutions, Evolution, Future

Published in print:
2015
Published Online:
January 2016
ISBN:
9780226168005
eISBN:
9780226168142
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226168142.003.0006
Subject:
Economics and Finance, Economic Systems

This chapter is about money and financial institutions. The first question concerns the nature of money. Carl Menger's famous thought experiment showing the spontaneous emergence of money from barter ... More


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