World Silver and Monetary History in the 16th and 17th Centuries

ISBN-13: 9780860785958 / Angielski / Twarda / 1996 / 336 str.

Dennis O. Flynn

Opis

This collection of revisionist articles, not based on mainstream monetary theory, but on the application of the Doherty-Flynn model to economic history, discusses the nature of the world silver market in the 16th and 17th centuries.

Spis treści

Contents: Introduction; A new perspective on the Spanish price revolution: the monetary approach to the balance of payments; Gresham's Law and the modern theory of the demand for money; The 'population thesis' view of inflation versus economics and history; Use and misuse of the quantity theory of money in early modern historiography; A microeconomic quantity theory of money and the price revolution; Final remarks on the Keio University conference on monetary history; A model of minting and melting of coins; Spanish-American silver and world markets in the 16th century; Fiscal crisis and the decline of Spain (Castile); Social returns to empire: a note; Early capitalism despite New World bullion: an anti-Wallerstein interpretation of imperial Spain; The microeconomics of silver and east-west trade in the early modern period; Review of ’Spenders and Hoarders: The World Distribution of Spanish-American silver, 1550-1750’; Comparing the Tokugawa Shogunate with Hapsburg Spain: two silver-based empires in a global setting; China and the Manila galleons; Index.