Monetary Innovation in America

Richard Sylla

The Journal of Economic History, 1982, vol. 42, issue 1, 21-30

Abstract: Monetary innovation, the development of new forms of money, has not received much systematic study from economic historians. This essay presents a framework for analyzing the determinants of monetary innovation and illustrates the argument by means of a sketch of monetary innovation in America from colonial times to the present.

Date: 1982
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