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Epilogue to the 18th century: The Gold Standard in an era of inconvertibility

Christine Desan

in Making Money: Coin, Currency, and the Coming of Capitalism

Published in print:
2014
Published Online:
January 2015
ISBN:
9780198709572
eISBN:
9780191779800
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198709572.003.0012
Subject:
Law, Legal History

Crisis at the end of the 18th century caused the British to suspend the redeemability of bank currency. During the “era of inconvertibility” that followed, the British recognized that currency as the ... More


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