The Big Problem of Small Change

by Thomas J. Sargent, Francois R. Velde, Fran Velde

Book Overview

The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and Fran?ois Velde, examine the evolution of Western European economies through the lens of one of the classic problems of monetary history--the recurring scarcity and depreciation of small change. Through penetrating...

• Format: Paperback
• Language: English
• ISBN: 0691116350
• ISBN13: 9780691116358
• Release Date: November 2003
• Publisher: Princeton University Press
• Length: 405 Pages
• Weight: 1.70 lbs.
• Dimensions: 1.1" x 6.9" x 10.0"