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World Silver and Monetary History in the 16th and 17th Centuries

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This collection reflects the evolution of a revisionist argument. The price revolution was indeed a monetary phenomenon, but Professor Flynn's position is not based upon mainstream monetary theory. Silver mines financed the Spanish Empire and Japan's consolidation. Ming China was the world's primary silver customer; Europeans acted as middlemen globally, including massive trade over the Pacific via Manila. American mines nearly led to the destruction of nascent capitalism in Europe (reverse of arguments by Hamilton, Keynes, ...

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World Silver and Monetary History in the 16th and 17th Centuries
1996, Routledge, Aldershot, England

ISBN-13: 9780860785958

Hardcover

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