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Of Paper

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the history of paper money. The history of paper money issued by a government belongs to the Americans. Bank paper and government paper share many things in common. Bank notes ... More


An Instrument of Revolution

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0006
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the use of paper money and assignats to finance the American Revolution and the French Revolution, respectively. Before the First Continental Congress assembled, some of the ... More


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