Safe assets play a critical role in an (y) economy. A safe asset is an asset that is (almost
always) valued at face value without expensive and prolonged analysis. By design, there is …

" The need for realism in reform of its monetary system is what makes Bernstein's story of the
Power of Gold so timely. It is a compelling reminder that maintaining a fixed price for gold …

This book studies the so far unexplored operation of the international monetary system that
prevailed before the emergence of the international gold standard in 1873. Conventional …

The Making of Modern Finance is a path-breaking study of the construction of liberal
financial governance and demonstrates how complex forms of control by the state …

'HARD FOOD FOR MIDAS'79 body politic by examining the social role of modern English
society up to the great recoina simple fact that there was a continual shortage of the period …

In the early modern period, the world economy gravitated around the expansion of long-
distance commerce. Together with navigation improvements, silver was the prime …

Since Adam Smith, the attribution to foreign trade of the ability to affect the productive
powers of an economy has remained a very powerful concept in both economics and …

The Price of Scotland covers a well-known episode in Scottish history, the ill-fated Darien
Scheme. It recounts for the first time in almost forty years, the history of the Company of …

Corruption, Party, and Government in Britain, 1702-1713 offers an innovative and original
reinterpretation of state formation in eighteenth-century Britain, reconceptualising it as a …

The early Dutch Republic experienced a monetary problem called incremental debasement,
for mints repeatedly reduced the precious metal content of coins by small amounts. Adam …