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Seigniorage
On the Revenue from the Creation of Money
Autori
164 stránok
Viac o knihe
Focusing on the revenues generated from currency creation, the book presents a comprehensive theory of seigniorage through an institutional lens. It categorizes economic history into three monetary regimes: commodity, fiat, and credit currencies. This analytical framework allows for an in-depth exploration of how different methods of currency issuance—such as minting coins, printing notes, and crediting private entities—impact revenue generation and their optimal levels.
Variant knihy
2017, pevná
Nákup knihy
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