The Big Problem of Small Change: 12 (The Princeton Economic History of the Western World)

by ThomasJ.Sargent (Author), Francois R . Velde (Author)

• New

  Paperback
  2003

  $51.13

  Examines the evolution of Western European economies through the lens the recurring scarcity and depreciation of small change. This book tells the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the 'standard formula' was devised to address the dilemma without causing inflation.