Europe (and later North America). Imperial China was a politically integrated structure with regional segmentation of … thought, such as later in Europe. Basic concepts such as monetary function, the velocity of circulation, inflation, interest … and deflation and monetary control much like Europe to follow. Monetary thought thus seemingly preceded Western thought …

-inconsistency problem and moral hazard. Reviewing the evidence for central banks' crisis management in the U.S., the U.K. and France from …

. Britain's control of the seas meant that it was much less affected than other nations, such as France and the United States …. Explicit welfare calculations are provided for four countries, Britain, France, Sweden and the United States. Welfare losses … France, and between 1.7-1.8% per annum in Britain. On the other hand, the conflict helped pave the way for the more liberal …

the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various …