{"product_id":"9780521028936","title":"Bimetallism : An Economic and Historical Analysis (Studies in Macroeconomic History)","description":"\u003cp\u003eThis book, first published in 2000, presents a history of Western monetary systems and explains why bimetallism was preferred to a gold standard before 1800. Professor Redish argues that the technological ability to issue fiduciary monies, and a commitment mechanism to prevent opportunistic governments changing the ratio between the currency and a unit of gold, were (frequently overlooked) prerequisites for the emergence of the Classical gold standard. The simplicity of the gold standard, a monetary system where there is a fixed ratio between a weight of gold and a unit of currency, makes it an obvious focus for discussion of commodity money systems, and for contrasting with today's fiat money regimes.\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":48681298624747,"sku":"00000_00000_00000_00000","price":71.41,"currency_code":"SGD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0758\/4484\/5803\/files\/9780521028936-1.jpg?v=1781625417","url":"https:\/\/kinokuniya.com.sg\/ja\/products\/9780521028936","provider":"Books Kinokuniya Singapore","version":"1.0","type":"link"}