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This volume is concerned with periods of very rapid inflation in the period before 1950 and shifts the emphasis from hyperinflation as commonly defined to a wider range of experience. It examines the source and origins of these inflationary episodes, how they started and what measures were used to bring them to an end. The experience of the last twenty years, when the entire world has been on fiat money and inflation has burgeoned, sometimes in excess of 100 per cent per annum, has led economists to reflect on historical examples of this phenomena. The extreme nature of episodes such as the German inflation of the early 1920s ensures that they offer a special kind of evidence on money and prices that is of considerable interest at the present time. Much of the material here is very recent, as relatively little contemporary attention was given to inflations and much of the best scholarship has only appeared in the last twenty years. However, this volume also provides the reader with access to the reflections of contemporary economists, such as Joan Robinson and Gordon Tullock.
Major Inflations in History
Language: en
Pages: 664
Authors: Forrest Capie
Categories: Business & Economics
Type: BOOK - Published: 1991 - Publisher: Edward Elgar Pub

This volume is concerned with periods of very rapid inflation in the period before 1950 and shifts the emphasis from hyperinflation as commonly defined to a wider range of experience. It examines the source and origins of these inflationary episodes, how they started and what measures were used to bring
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Language: en
Pages: 352
Authors: Geoffrey Wood, Professor School of Management Geoffrey Wood, Terence Mills, Nicholas Crafts
Categories: Business & Economics
Type: BOOK - Published: 2011-05-11 - Publisher: Taylor & Francis

Under the steely editorship of Geoffrey Wood, this book brings together a stellar line of contributors - including Charles Goodhart, Harold James, Michael Bordo, Barry Eichengreen, Charles Calomiris, and Anna Schwartz. It analyzes many of the mainstream themes in economic and financial history - monetary policy, international financial regulation, economic
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Language: en
Pages: 260
Authors: Zheng Qidong
Categories: Business & Economics
Type: BOOK - Published: 2013-04-01 - Publisher: Paths International Ltd

When looking back at the Chinese economy over the last 100 years or so, we can see that, although always fluctuating, there are definite trends in inflation that emerge along with social changes, shifts in the economic system, and major changes in economic policy. This key book identifies the causes
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Language: en
Pages: 432
Authors: Bertrand M. ROEHNER, Tony Syme, Bertrand M Roehner
Categories: History
Type: BOOK - Published: 2009-06-30 - Publisher: Harvard University Press

The aim of this book is to analyze clusters of similar "elementary" occurrences that serve as the building blocks of more global events. Making connections between seemingly unrelated case studies, Roehner and Syme apply scientific methodology to the analysis of history. Their book identifies the recurring patterns of behavior that
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Language: en
Pages: 2824
Authors: Joel Mokyr
Categories: Economic history
Type: BOOK - Published: 2003-08-13 - Publisher:

What were the economic roots of modern industrialism? Were labor unions ever effective in raising workers' living standards? Did high levels of taxation in the past normally lead to economic decline? These and similar questions profoundly inform a wide range of intertwined social issues whose complexity, scope, and depth become
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