"When Money Dies" is the classic history of what happens when a nation's currency depreciates beyond recovery. In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy. Expensive cigars, artworks, and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People watched helplessly as their life savings disappeared and their loved ones starved. Germany's finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically printed and distributed in the voluminous quantities of 1923. However, "quantitative easing," that modern euphemism for surreptitious deficit financing in an electronic era, can no less become an assault on monetary discipline. Whatever the reason for a country's deficit--necessity or profligacy, unwillingness to tax or blindness to expenditure--it is beguiling to suppose that if the day of reckoning is postponed economic recovery will come in time to prevent higher unemployment or deeper recession. What if it does not? Germany in 1923 provides a vivid, compelling, sobering moral tale.
"Engrossing and sobering." --"Daily Express" (London)
Описание: This new volume examines monetary separation and the history of monetary arrangements in the North and Baltic Seas region, from the Hanseatic League onwards. This analysis is done with a view to assessing evolution of monetary arrangements from a new monetary economics perspective.
Автор: Northup Solomon, Wilson David Название: 200 Years a Fraud: David Wilson & Twelve Years a Slave ISBN: 194132441X ISBN-13(EAN): 9781941324417 Издательство: Неизвестно Рейтинг: Цена: 2752.00 р. Наличие на складе: Нет в наличии.
Описание: Alexander Hamilton is commonly seen as the standard-bearer of an ideology-turned-political party, the Federalists, engaged in a struggle for the soul of the young United States against the Anti-Federalists, and later, the Jeffersonian Republicans. This volume counters such conventional wisdom with a new, more nuanced view of Hamilton as a true federalist, rather than a one-dimensional nationalist.
Описание: This sequel to A Life of Experimental Economics, Volume I, continues the intimate history of Vernon Smith’s personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University. At Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand experiments in natural gas pipeline, communication and electricity markets that paved the way for implementing, through decentralized market processes, the liberalization of industries traditionally believed to be “natural” monopolies. The “Smart Computer Assisted Market” was born. Smith’s move to George Mason University greatly facilitated government and industry work in tandem with various public and private entities, whereas his relocation to Chapman University coincided with the Great Recession, whose similarity with the Depression was evident in his research. There he integrated two fundamental kinds of markets with laboratory experiments: Consumer non-durables, the supply and demand for which was stable in the lab and in the economy, and durable assets whose bubble tendencies made them unstable in the lab as well as in the economy—witness the great housing-mortgage market bubble run-up of 1997-2007. This book’s conversational style and emphasis on the backstory of published research accomplishments allows readers an exclusive peak into how and why economists pursue their work. It’s a must-read for those interested in experimental economics, the housing crisis, and economic history.
Описание: Based on extensive research in formerly secret archives, this volume examines the progress of Soviet industrialisation against the background of the rising threat of aggression from Germany, Japan and Italy, and the consolidation of Stalin`s power.
Название: Monetary policy over fifty years ISBN: 0415478472 ISBN-13(EAN): 9780415478472 Издательство: Taylor&Francis Рейтинг: Цена: 22968.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The contributions to this prestigious volume describe important developments in monetary economics and monetary policy during the past half century and to draw lessons from this for the future with chapters from Charles Goodhart and Olivier Blanchard.
Автор: Ronald W. Jones; Rolf Weder Название: 200 Years of Ricardian Trade Theory ISBN: 3319606050 ISBN-13(EAN): 9783319606057 Издательство: Springer Рейтинг: Цена: 16070.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book offers a comprehensive and insightful reflection on David Ricardo`s ingenious theory of international trade. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field.
Автор: Cetina Judith G. Название: Cuyahoga County: The First 200 Years ISBN: 1531655548 ISBN-13(EAN): 9781531655549 Издательство: Неизвестно Рейтинг: Цена: 4413.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: Pasi Gino, Marine Stephen Название: University of Cincinnati Health Colleges: 200 Years ISBN: 1540243575 ISBN-13(EAN): 9781540243577 Издательство: Неизвестно Рейтинг: Цена: 4416.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: In 1819, Daniel Drake founded the Medical College of Ohio, which later became the University of Cincinnati (UC), College of Medicine. Thus began two centuries of innovation in health education that has made UC a globally recognized leader in educating gen
Автор: Ronald W. Jones; Rolf Weder Название: 200 Years of Ricardian Trade Theory ISBN: 3319868985 ISBN-13(EAN): 9783319868981 Издательство: Springer Рейтинг: Цена: 19564.00 р. Наличие на складе: Поставка под заказ.
Описание: This book offers a comprehensive and insightful reflection on David Ricardo`s ingenious theory of international trade. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field.
Описание: Conceived of as a way to commemorate Missouri`s bicentennial of statehood, this unique work presents the perspective of Gary Kremer, one of the Show-Me State`s foremost historians, on how history has played out in the two centuries since Missouri`s admittance to the Union.
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