banker, assembled the loans that Japan required for its war with Russia in 1905. This book covers a fascinating tale of a …“A fascinating, wholly new, account of the emergence of Japan as a major player in the global economy and politics in … Japan.” -Avner Offer, Chichele Professor Emeritus of Economic History, University of Oxford …

perspective, it develops a general theory of seigniorage by identifying three monetary regimes in economic history and the history … theory of seigniorage and government debt, the theory of the interest rate, the optimal rate of inflation, or the …Preface -- 1 Seigniorage in Institutional Perspective -- 2 Seigniorage in the History of Economic Thought -- 3 …

This book presents a theoretical framework to explain chronic inflation and hyperinflation. The roots of these two … these models can be very unstable under parameter changes or shocks that hit the economy. The previous hyperinflation models … surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit …

Economic Development, Inequality and War shows how economic decline, income inequality, pervasive rent seeking by … ruling elites, political authoritarianism, military centrality and competition for mineral exports contribute to war and …

of economics at Hosei University, Japan, and an economist at both the US Federal Reserve Board in Washington, D.C., and …