When Economists “Tell Histories”: the Truncated Story of Central Banks’ Cooperation over the Bimetallic Period
Parent, Antoine
In this article, the author assesses the meaning of the controversies about the French and British central banks' solidarity over the bimetallic period (1850-1870). Her purpose is to highlight how historical case studies can become the instrument of a distorted economic view. ...
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2008-12,
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Title
When Economists “Tell Histories”: the Truncated Story of Central Banks’ Cooperation over the Bimetallic Period
Collective Title
- Historical Social Research/Historische Sozialforschung, Vol. 33, No. 4 (2008)
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Abstract
In this article, the author assesses the meaning of the controversies about the French and British central banks' solidarity over the bimetallic period (1850-1870). Her purpose is to highlight how historical case studies can become the instrument of a distorted economic view. In the main stream literature, the argument of the discount rates correlation is turned into rivalry between the two issuing institutions. This view omits the reading of Bimetallism as a coordinated discount rate policy of the French and British central banks and supports bimetallism as a self-equilibrating system. -
Series Information
Historical Social Research Vol. 33, No. 4 (2008): Mixed Issue: Cliometrics
Starting Point and Frequency: Year: 1979, Issues per volume: 4, Volumes per year: 1
Update Metadata: 2019-07-16 | Issue Number: 3 | Registration Date: 2017-11-24