1.

Record Nr.

UNINA9910866571303321

Autore

Álvarez Andrés

Titolo

Money Doctors Around the Globe : A Historical Perspective / / edited by Andrés Álvarez, Vincent Bignon, Anders Ögren, Masato Shizume

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Springer, , 2024

ISBN

9789819701346

9819701341

Edizione

[1st ed. 2024.]

Descrizione fisica

1 online resource (372 pages)

Collana

Studies in Economic History, , 2364-1800

Altri autori (Persone)

BignonVincent

ÖgrenAnders

ShizumeMasato

Disciplina

332.04209

Soggetti

Finance

History

Economic history

Macroeconomics

International finance

Financial History

Economic History

Macroeconomics and Monetary Economics

International Finance

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Introduction: What’s a Money Doctor? -- Money Doctors in the Medieval/Pre-Modern Period -- Is Oda Nobunaga the Final Champion of the Medieval Era or A Pioneer of the Early Modern Era? -- A Money Doctor in the 16th Century Japan -- Johan Palmstrüch, A Copper Money Doctor: Stockholm Banco and the Emergence of Banknotes in 17th Century Sweden -- Fiat Copper Money and Trust: Monetary Campaign of Alexei Mikhailovich (1654–1663) -- Money Doctors in Modern Nation-Building -- The H.C. Carey School of U.S. Currency Doctors: A “Subtle Principle” and its Progeny -- Money Doctors who Established Japan’s Modern Monetary and Financial Systems -- Zhang Jia’ao’s Bank Management in the Beijing Government Era: Central Bank Independence



Reconsidered from Chinese Historical Perspective -- No More Papers. We Need Sound Institutions! Monetary Debates in Colombia before the Central Bank -- The Making of Latin-American Neo-Metalista Monetary Policy in the Twenties: The Case of the Andean Countries Visited By E.W. Kemmerer -- The Money Doctor Raimundo Fernández Villaverde and the Classical Gold Standard in Spain -- Money Doctoring Italy in the Interwar Years. The Rationale for Central Banking and its Outcomes -- Money Doctors in Crises -- The Diagnoses, Right and Wrong, of O.M.W. Sprague, one of America’s Premier Money Doctors during the Great Depression -- The Doctor is a Quack: The Delahaye Brothers, or How Fringe Politicians Framed the 1930s Financial Crisis Narrative in the French Senate -- Sir Alfred Charles Davidson and the Australian Exchange Crisis Of 1929-31 -- Parallel Depreciating Money: Mr Unterguggenberger’s Prescription to the Economic Ills of the Great Depression -- A Money Doctor Ignored? Edwin Kemmerer´S Second Mission to Colombia, 1930 -- Robert Triffin’s Latin American Missions for the Federal Reserve System in the 1940s -- Edward A. Tennenbaum and the Creation of the Deutsche Mark: who’s the Money Doctor? -- Rueff Vs De Lattre: A French Money Doctors’ Duel for Influence Over DeGaulle.

Sommario/riassunto

This book focuses on worldwide historical experiences of monetary reforms and the reformist minds behind them: the money doctors. The process of doctoring is the process of listening to many pieces of information and sorting them in order to correctly diagnose the causes of the problem and derive the appropriate cure, if it exists. A money doctor is “a person who, helped by theoretical and practical knowledge, advises and/or proposes to act on how to build a stable monetary and financial system or to repair ongoing monetary turbulences.” Economists and policy makers are money doctors when their involvement includes the observation and diagnostic of the monetary and financial troubles and the proposition for a cure. Each contribution highlights the theoretical underpinning of the doctors, and the key factors for the success or failures of the reform they have promoted. We collect cases from Americas, Asia, Europe, and Oceania from the 16th to the 20th century and discuss their aims, strategies, and consequences to draw implications for today.