The Evolution of Small Change: Beliefs, Experiments, and ...

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42 Technology be issued. Meanwhile, the royal Mint was rebuilt <strong>and</strong> fitted with Boulton’s machines in 1810, which were by then capable <strong>of</strong> striking 70 to 80 coins per minute.
Technology: the Steam Engine 43 Figure 3: A late 19th century Thonnelier press.
Page 1 and 2: The Evolution of Small Change: Beli
Page 3 and 4: vi 3. Technology . . . . . . . . .
Page 5 and 6: viii Introduction . . . . . . . . .
Page 7 and 8: x ...................... rnment Gov
Page 9 and 10: xii Acknowledgements Although both
Page 11 and 12: Chapter 1. Introduction This book i
Page 13 and 14: Introduction 5 By the middle of the
Page 15 and 16: The model Introduction 7 The model
Page 17 and 18: Introduction 9 of debasements of sm
Page 19 and 20: Structure of subsequent chapters In
Page 21 and 22: 14 A theory sketched Supply To expl
Page 23 and 24: 16 A theory sketched where mit is t
Page 25 and 26: 18 A theory sketched II, these para
Page 27 and 28: 20 A theory sketched 5. The governm
Page 29 and 30: 22 A theory sketched An open market
Page 31 and 32: 24 A theory sketched counterfeiters
Page 33 and 34: Chapter 3. Technology Introduction
Page 35 and 36: The Medieval Technology: Hammer and
Page 41 and 42: Mechanization 35 Sweden. In the 18t
Page 43 and 44: Mechanization 37 Figure 2: The scre
Page 45 and 46: Mechanization 39 proved to be the s
Page 47: Technology: the Steam Engine 41 be
Page 51 and 52: Chapter 4. Ideas about coins and mo
Page 53 and 54: 1. Medieval Jurists as adherents of
Page 55 and 56: 2. Construction of the Medieval Com
Page 61 and 62: Multiple denominations 3. Multiple
Page 63 and 64: 3. Multiple currencies and denomina
Page 71 and 72: 4. A Question from public law: sett
Page 73 and 74: 5. Qualifications, Exceptions and D
Page 75 and 76: Romanists repair the breach 5. Qual
Page 77 and 78: Another breach 5. Qualifications, E
Page 79 and 80: Monetary Theory in the Renaissance
Page 95 and 96: 90 Shortages and Experiments and th
Page 97 and 98: 92 Shortages and Experiments lira/p
Page 99 and 100:
94 Shortages and Experiments invasi
Page 101 and 102:
96 Shortages and Experiments mintin
Page 103 and 104:
livres tournois / setier (log scale
Page 105 and 106:
units of silver / units of gold 100
Page 107 and 108:
livres / marc of fine gold 102 Shor
Page 109 and 110:
104 Shortages and Experiments écu;
Page 111 and 112:
106 Shortages and Experiments price
Page 113 and 114:
108 Shortages and Experiments which
Page 115 and 116:
millions of livres tournois 6 5 4 3
Page 117 and 118:
112 Shortages and Experiments king
Page 119 and 120:
114 Shortages and Experiments gold
Page 121 and 122:
astile’s experiment with token co
Page 123 and 124:
118 Shortages and Experiments Three
Page 125 and 126:
120 Shortages and Experiments By 16
Page 127 and 128:
ance twice began to issue large qua
Page 129 and 130:
idespread inflation deeloped in erm
Page 131 and 132:
126 Shortages and Experiments In th
Page 133 and 134:
om the mid-16th century to 1816, ng
Page 135 and 136:
130 Shortages and Experiments any l
Page 137 and 138:
132 Shortages and Experiments by Sh
Page 139 and 140:
134 Shortages and Experiments Curre
Page 141 and 142:
136 Shortages and Experiments In 18
Page 143 and 144:
Chapter 6. Conclusion of Part II Th
Page 145 and 146:
Part III: The Formal Theory 141
Page 147 and 148:
144 A Theory of Full Bodied Small C
Page 149 and 150:
Chapter 8. The Model In a ‘small
Page 151 and 152:
cash-in-advance constraints are: Th
Page 153 and 154:
The Firm The Model 151 The firm rec
Page 155 and 156:
The Model 153 µ1,t ≥ 0; = if pt
Page 157 and 158:
The Model 155 if pennies were full-
Page 159 and 160:
The Model 157 Subtracting (8.12c)fr
Page 161 and 162:
160 Equilibrium Computation via ‘
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Chapter 10. Arrangements to elimina
Page 173 and 174:
Variants of the standard formula Ar
Page 175 and 176:
Arrangements to eliminate coin shor
Page 177 and 178:
Chapter 11. Conclusion of Part III
Page 179 and 180:
Chapter 12. Glossary In some cases,
Page 181 and 182:
Glossary 181 token-money. State coi
Page 183 and 184:
184 References Boyer-Xambeu, Marie-
Page 185 and 186:
186 References Dumoulin, Charles. T
Page 187 and 188:
188 References Oresme, Nicole. The
Page 189 and 190:
190 References Panormitanus [Niccol
Page 191 and 192:
192 References Spengler, Joseph J.
Page 193:
194 References Walther, R. “Die E
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