Financial Thought in the Western and the Eastern Han Dynasties

Yao Sui, Wang Yong and Zhongxiu Wu

Chapter 2 in A History of China's Financial Thought:(In 2 Volumes), 2023, pp 73-143 from World Scientific Publishing Co. Pte. Ltd.

Abstract: William Georg Friedrich Roscher, a German scholar, maintained in his Grundriss zu Vorlesungen über die Staatswirtschaft nach geschichtlicher Methode that “The privilege of minting coins enjoys a parallel history of development with the state power.” Moreover, the two are of a relationship of interaction and reciprocal causation. Mutually conditional, they complement each other. During the Qin and Han Dynasties, the currency issue always revolved around the conflict between the central government and the opposing centrifugal forces, or to put it more specifically, the struggle between the vassal kings and tyrannical tycoons in the monetary system. That was also reflected in the monetary thought…

Keywords: History; China; Financial Thought; Chinese History; Pre-Qin Period; 1911 Revolution (search for similar items in EconPapers)
JEL-codes: B17 B27 E42 G20 N00 (search for similar items in EconPapers)
Date: 2023
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