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BOOKS by Michael D Bordo

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The Gold Standard and Related Regimes: Collected Essays

The Gold Standard and Related Regimes: Collected Essays more books like this

by Michael D Bordo (Editor), Forrest Capie (Editor), Angela Redish (Editor)

This book contains a collection of Michael D. Bordo's essays, written singly and with colleagues, on the classical gold standard and related regimes based directly or indirectly on gold convertibility. The gold standard (and its variants) was the basis for both international and domestic monetary arrangements from the third quarter of the ...

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A History of Banking in Antebellum America: Financial Markets and Economic Development in an Era of Nation-Building

A History of Banking in Antebellum America: Financial Markets and Economic Development in an Era of Nation-Building more books like this

by Howard Bodenhorn, Michael D Bordo (Editor), Forrest Capie (Editor)

This history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course. Using previously unexploited data, Professor Bodenhorn shows that banks helped to advance the development of industrialization. Additionally, he shows that ...

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Managing the Franc Poincare: Economic Understanding and Political Constraint in French Monetary Policy, 1928-1936

Managing the Franc Poincare: Economic Understanding and Political Constraint in French Monetary Policy, 1928-1936 more books like this

by Kenneth Moure, Kenneth Mouri, Michael D Bordo (Editor)

Defense of the franc Poincare dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and ...

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Japanese Banking: A History, 1859-1959

Japanese Banking: A History, 1859-1959 more books like this

by Norio Tamaki, Michael D Bordo (Editor), Forrest Capie (Editor)

How did the Japanese achieve their unrivalled position in world banking? This book provides the first full account in English of the banking industry in Japan for the century following the opening of the country to the outside world in 1859. Professor Tamaki begins by considering the period of experimentation during the Meiji Restoration which ...

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The Changing Face of Central Banking: Evolutionary Trends Since World War II

The Changing Face of Central Banking: Evolutionary Trends Since World War II more books like this

by Pierre L Siklos, Michael D Bordo (Editor), Forrest Capie (Editor)

Central banks have emerged as the key players in national and international policy making. This book explores their evolution since World War II in 20 industrial countries. The study considers the mix of economic, political and institutional forces that have affected central bank behaviour and its relationship with government. The analysis ...

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Transferring Wealth and Power from the Old to the New World: Monetary and Fiscal Institutions in the 17th Through the 19th Centuries

Transferring Wealth and Power from the Old to the New World: Monetary and Fiscal Institutions in the 17th Through the 19th Centuries more books like this

by Michael D Bordo (Editor), Roberto Cortes-Conde (Editor), Forrest Capie (Editor)

This book contains a collection of essays comparing the evolution of the fiscal and monetary regimes of the Old World colonial powers - England, France, Spain, Portugal and the Netherlands - from the seventeenth to the nineteenth centuries with the experiences of several of their former colonies in the New World of the Americas: the United States, ...

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Europe's Postwar Recovery

Europe's Postwar Recovery more books like this

by Barry Eichengreen (Editor), Michael D Bordo (Editor), Forrest Capie (Editor)

Western Europe's recovery from World War II was nothing short of miraculous. From the chaos of the war and the crisis of 1947, Europe moved directly to the most rapid quarter-century of economic growth in her history. The contributors to this volume seek to identify the sources of this singularly successful recovery. That all European countries ...

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Elusive Stability: Essays in the History of International Finance, 1919?1939

Elusive Stability: Essays in the History of International Finance, 1919?1939 more books like this

by Barry Eichengreen, Michael D Bordo (Editor), Forrest Capie (Editor)

This volume provides a new interpretation of the operation and macroeconomic repercussions of the international monetary system during the interwar years. Each of the eleven essays is explicitly concerned with the role of exchange rates in macroeconomic fluctuations from the American and European perspective. The final essay examines the interwar ...

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Bimetallism: An Economic and Historical Analysis

Bimetallism: An Economic and Historical Analysis more books like this

by Angela Redish (Editor), Michael D Bordo (Editor), Forrest Capie (Editor)

This book presents a history of Western monetary systems and explains why bimetallism was preferred to a gold standard before 1800. Professor Redish argues that the technological ability to issue fiduciary monies, and a commitment mechanism to prevent opportunistic governments changing the ratio between the currency and a unit of gold, were ...

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Monetary Regimes in Transition

Monetary Regimes in Transition more books like this

by Forrest Capie (Editor), Michael D Bordo, Angela Redish (Editor)

This important contribution to comparative economic history examines different countries' experiences with different monetary regimes, laying particular emphasis on how the regimes fared when placed under stress such as wars or other changes in the economic environment. Covering the experience of ten countries over the period 1700-1990, the ...

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The Economics of World War II: Six Great Powers in International Comparison more books like this

by Mark Harrison (Editor), Michael D Bordo (Editor), Forrest Capie (Editor)

This book provides a new quantitative view of the wartime economic experiences of six great powers; the UK, the USA, Germany, Italy, Japan and the USSR. What contribution did economics made to war preparedness and to winning or losing the war? What was the effect of wartime experiences on postwar fortunes, and did those who won the war lose the ...

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Deflation: Current and Historical Perspectives more books like this

by Michael D Bordo (Editor), Forrest Capie (Editor), Angela Redish (Editor)

Until recently fears of deflation seemed nothing more than a relic of the Great Depression. However, beginning in the 1990s, persistently falling consumer prices have emerged in Japan, China and elsewhere. Deflation is also a distinct possibility in some of the major euro area economies, especially Germany, and emerged as a concern of the US ...

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Lessons for EMU from the history of monetary unions more books like this

by Michael D. Bordo, Lars Jonung

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The Credit-Anstalt Crisis of 1931 more books like this

by Aurel Schubert, Michael D Bordo (Editor), Forrest Capie (Editor)

Austria played a prominent role in the worldwide events of 1931 as the largest bank in Central and Eastern Europe, the Viennese Credit-Anstalt, collapsed and led Europe into a financial panic that spread to other parts of the world. The events in Austria were pivotal to the economic developments of the 1930s, yet the literature about them is ...

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The Strategy and Consistency of Federal Reserve Monetary Policy, 1924-1933 more books like this

by David C Wheelock, Michael D Bordo (Editor), Forrest Capie (Editor)

Today, most scholars agree that mismanaged monetary policy contributed to the length and severity of the Great Depression. There is little agreement, however, about the causes of the Federal Reserve's mistakes. Some argue that leadership and other organizational changes prior to the depression caused a distinct change in policy strategy that ...

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Money, History, and International Finance: Essays in Honor of Anna J. Schwartz more books like this

by Michael D. Bordo (Editor)

'The papers in this volume pay tribute to the fine tradition of scholarship Anna Schwartz has followed throughout her career. Her research in economic history, in monetary economics, and international finance have all made an indelible mark on our profession...' --from the Introduction by Michael D. Bordo

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The Optimum Quantity of Money more books like this

by Milton Friedman, Michael D Bordo (Introduction by)

This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. The early chapters cover factors determining the real quantity of money held in a community and the welfare ...

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Monetary Regimes in Transition more books like this

by Michael D Bordo (Editor), Forrest Capie (Editor), Angela Redish (Editor)

This important contribution to comparative economic history examines different countries' experiences with different monetary regimes, laying particular emphasis on how the regimes fared when placed under stress such as wars or other changes in the economic environment. Covering the experience of ten countries over the period 1700-1990, the ...

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Money in Historical Perspective more books like this

by Anna Jacobson Schwartz, Milton Friedman (Designed by), Michael D. Bordo (Designed by)

Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical ...

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The Defining Moment: The Great Depression and the American Economy in the Twentieth Century more books like this

by Michael D Bordo (Editor), Eugene N White (Editor), Claudia Goldin (Editor)

The Great Depression is the " defining moment" to which most historians, economists, and political scientists connect the origins of the economic and social policies that have characterized American government in the second half of the twentieth century. In the most comprehensive collection of essays available on these topics, The Defining Moment ...

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The Strategy and Consistency of Federal Reserve Monetary Policy, 1424-1933 more books like this

by David C Wheelock, Michael D Bordo (Editor), Forrest Capie (Editor)

Today, most scholars agree that mismanaged monetary policy contributed to the length and severity of the Great Depression in the USA. There is little agreement, however, about the causes of the Federal Reserve's mistakes. This book examines the policy strategy developed by the Federal Reserve during the 1920s and considers whether its continued ...

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Globalization in Historical Perspective more books like this

by Michael D Bordo

As awareness of globalization grows, so too does our need to understand it historically. This volume is one of the few to consider globalization in the context of the history of international trade. Its eleven papers explore a synthesized variety of topics, including how the process of globalization can be measured by the long-term integration of ...

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A Retrospective on the Classical Gold Standard, 1821-1931 more books like this

by Michael D Bordo (Editor), Anna Jacobson Schwartz (Editor)

The recent instability in domestic and international monetary systems has revived interest in the classical gold standard that existed for 110 years until Britain abandoned it in the midst of the Depression.

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The Long-Run Behavior of the Velocity of Circulation: The International Evidence more books like this

by Michael D Bordo, Lars Jonung

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Demand for Money more books like this

by Michael D Bordo, Lars Jonung

The income velocity of money - a measure of the demand for money balances - is the ratio of the money value of income to the average money stock that the non-bank public holds in a given period. Why the magnitude of that ratio has changed over time is the subject of Michael D. Bordo and Lars Jonung's classic study, The Long-Run Behavior of the ...

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