The Big Problem of Small Change / / François R. Velde, Thomas J. Sargent.

The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and François Velde, examine the evolution of Western European economies thro...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2014]
©2002
Year of Publication:2014
Edition:Course Book
Language:English
Series:The Princeton Economic History of the Western World ; 51
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Physical Description:1 online resource (392 p.) :; 21 tables. 9 halftones. 42 line illus.
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Table of Contents:
  • Frontmatter
  • Contents
  • Illustrations
  • Tables
  • Preface
  • Acknowledgments
  • Part I. A Problemand Its Cure
  • Chapter 1. Introduction
  • Chapter 2. A Theory
  • Chapter 3. Our Philosophy of History
  • Part II. Ideas and Technologies
  • Chapter 4. Technology
  • Chapter 5. Medieval Ideas about Coins and Money
  • Chapter 6. Monetary Theory in the Renaissance
  • Part III. Endemic Shortages and "Natural Experiments"
  • Chapter 7. Clues
  • Chapter 8. Medieval Coin Shortages
  • Chapter 9. Medieval Florence
  • Chapter 10. Medieval Venice
  • Chapter 11. The Price Revolution in France
  • Chapter 12. Token and Siege Monies
  • Part IV. Cures and Side-effects
  • Chapter 13. The Age of Copper
  • Chapter 14. Inflation in Spain
  • Chapter 15. Copycat Inflations in Seventeenth-Century Europe
  • Chapter 16. England Stumbles toward the Solution
  • Chapter 17. Britain, the Gold Standard, and the Standard Formula Chapter
  • Chapter 18. The Triumph of the Standard Formula
  • Chapter 19. Ideas, Policies, and Outcomes
  • Part V. A Formal Theory
  • Chapter 20. A Theory of Full-Bodied Small Change
  • Chapter 21. The Model
  • Chapter 22. Shortages: Causes and Symptoms
  • Chapter 23. Arrangements to Eliminate Coin Shortages
  • Chapter 24. Our Model and Our History
  • Glossary
  • References
  • Legal Citations Index
  • Author Index
  • Subject Index