Monetary Regimes and Inflation: History, Economic and Political Relationships

Monetary Regimes and Inflation: History, Economic and Political Relationships

by Peter Bernholz
     
 

ISBN-10: 1845427785

ISBN-13: 9781845427788

Pub. Date: 03/01/2006

Publisher: Elgar, Edward Publishing, Inc.

"This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships - and the importance of different monetary regimes in containing them - are analysed." "To enliven reading, experiences of contemporary…  See more details below

Overview

"This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships - and the importance of different monetary regimes in containing them - are analysed." "To enliven reading, experiences of contemporary observers like Ernest Hemingway and Stefan Zweig, who did not have any knowledge of the economics of inflation, have been inserted. Consequently their evidence is often more convincing than any econometric analysis. Formal mathematical analysis has been kept to a minimum. Exceptions to providing a deeper understanding can be left out without losing the thread of the argument." Monetary Regimes and Inflation will appeal to a wide audience including students, economists, historians, political scientists and sociologists. The book will also be warmly welcomed by bankers, businessmen and politicians facing, and perhaps attempting to solve, the problems of inflation.

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Product Details

ISBN-13:
9781845427788
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
03/01/2006
Pages:
224
Product dimensions:
6.10(w) x 9.10(h) x 0.70(d)

Table of Contents

Preface
Acknowledgements
1Introduction1
2Inflation and monetary regimes3
3Inflation under metallic monetary regimes21
4Moderate paper money inflations40
5Characteristics of hyperinflations64
6Currency competition, inflation, Gresham's Law and exchange rate114
7Ending mild or moderate inflations135
8Currency reforms ending hyperinflations160
AppSources for historical data not identified in the text and literature relating to different cases of hyperinflation197
Index207

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