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Beschreibung
Fiat money inflation in France: How it came, what it brought, and how it ended examines the far-reaching consequences of abandoning stable monetary principles during a period of national upheaval. The narrative traces how emergency financial measures intended to resolve fiscal distress instead accelerated economic collapse and social instability. Drawing on official records, debates, and public reactions, the book shows how unchecked paper currency expansion distorted prices, weakened public trust, and intensified political conflict. Early optimism surrounding reform gradually gives way to scarcity, speculation, and unrest as everyday life becomes entangled with policy misjudgment. The work emphasizes recurring ideas of human overconfidence, moral hazard, and the danger of treating money as a political instrument rather than a social contract. Broader reflections on responsibility, governance, and historical repetition give the account relevance beyond its immediate setting. By connecting financial theory with lived consequences, the book presents a cautionary study of how economic experiments can reshape institutions, values, and collective behavior long after their original intent has faded.
Fiat money inflation in France: How it came, what it brought, and how it ended examines the far-reaching consequences of abandoning stable monetary principles during a period of national upheaval. The narrative traces how emergency financial measures intended to resolve fiscal distress instead accelerated economic collapse and social instability. Drawing on official records, debates, and public reactions, the book shows how unchecked paper currency expansion distorted prices, weakened public trust, and intensified political conflict. Early optimism surrounding reform gradually gives way to scarcity, speculation, and unrest as everyday life becomes entangled with policy misjudgment. The work emphasizes recurring ideas of human overconfidence, moral hazard, and the danger of treating money as a political instrument rather than a social contract. Broader reflections on responsibility, governance, and historical repetition give the account relevance beyond its immediate setting. By connecting financial theory with lived consequences, the book presents a cautionary study of how economic experiments can reshape institutions, values, and collective behavior long after their original intent has faded.
Über den Autor
American historian and educator Andrew Dickson White co-founded Cornell University and presided over it as its first president for over 20 years (November 7, 1832 - November 4, 1918). He had a reputation for broadening the purview of college curricula. He had been a politician who had represented New York as a state senator. Later, among other duties, he was designated as an American envoy to Germany and Russia. In his book History of the Warfare of Science with Theology in Christendom, he attempted to substantiate the conflict thesis, which holds that science and religion have always been at odds. He was one of the pioneers of this theory. Clara (née Dickson) and Horace White welcomed their son Andrew Dickson White into the world on November 7, 1832 in Homer, New York. Horace was the son of Asa White, a farmer from Massachusetts, and his wife, while Clara was the daughter of Andrew Dickson, a New York State Assemblyman in 1832, and his wife. When Horace was 13 years old, a fire decimated their formerly prosperous farm.
Details
Erscheinungsjahr: 2026
Genre: Geschichte, Importe
Rubrik: Geisteswissenschaften
Medium: Taschenbuch
ISBN-13: 9789376804344
ISBN-10: 9376804341
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: White, Andrew Dickson
Hersteller: Double 9 Books
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 216 x 140 x 4 mm
Von/Mit: Andrew Dickson White
Erscheinungsdatum: 01.01.2026
Gewicht: 0,094 kg
Artikel-ID: 135056522