The Big Problem of Small Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Big Problem of Small Change write by Thomas J. Sargent. This book was released on 2014-04-24. The Big Problem of Small Change available in PDF, EPUB and Kindle. 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 François 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 and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the "standard formula" was devised to address an age-old dilemma without causing inflation. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.
The Big Problem of Small Change
The Big Problem of Small Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Big Problem of Small Change write by Thomas J. Sargent. This book was released on 2003. The Big Problem of Small Change available in PDF, EPUB and Kindle.
Small Change
Small Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Small Change write by Michael Edwards. This book was released on 2010-01-11. Small Change available in PDF, EPUB and Kindle. A new movement is afoot that promises to save the world by applying the magic of the market to the challenges of social change. But in this hard-hitting, controversial exposé, Michael Edwards shows that business is ill-equipped to attack the causes of poverty, inequality, violence, and discrimination. Achieving fundamental social transformation requires cooperation rather than competition, collective action more than individual effort, and support for long-term, systemic solutions instead of immediate results. With a vested interest in the status quo, business can promise only limited advances: small change. It's time to turn away from the false promise of the market and reassert the independence of global citizen action.
Small Change, Big Gains
Small Change, Big Gains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Small Change, Big Gains write by Thomas H. Stoner Jr.. This book was released on 2013-09-17. Small Change, Big Gains available in PDF, EPUB and Kindle. This book provides an innovative look at our global energy supply as if it were a single portfolio of assets through which we can generate wealth, while mitigating climate change.
Small Change
Small Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Small Change write by Larry Terkel. This book was released on 2004-09-09. Small Change available in PDF, EPUB and Kindle. It's the little things in life that make a big difference! Replace a soft drink with water at just one meal-say, lunch. Over the course of a year, you will drink approximately forty gallons more water, avoid consuming up to 50,000 calories, and save as much as $500. Indeed, just as the stray coins you toss into a jar each evening gradually build into an amount you can use to actually purchase something sub-stantial, small changes-of any kind-can really add up! In Small Change, husband-and-wife writing team Susan and Larry Terkel offer readers a gentle yet powerful program for making significant changes in their lives based on three simple principles: - Small changes are easier than big makeovers. (Each week add just one private dinner with your mate to your schedule and see your relationship improve by leaps and bounds.) - Small changes add up to big benefits over time. (Smile just a little each day and, over time, watch your stress levels decrease, your immune system grow stronger, and your relationships prosper.) - Small changes are more consistent with human nature and evolution. (After all, in the end, the tortoise did beat the hare.) With an emphasis on daily habits, and some simple recipes for improving them, this wise little book outlines a fresh perspective on the timeless quest for sustainable self-improvement and a (relatively painless!) pathway to a better you.
