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international currency. In this paper, first we present a concise summary of the theory of world money. Then we apply the theory to …
Persistent link: https://www.econbiz.de/10010295454
Though checks' popularity is now waning in favor of electronic payments, checks were, for much of the twentieth century, the most widely used noncash payment method in the United States. How did such a relatively inefficient form of payment become so dominant? This article traces the historical...
Persistent link: https://www.econbiz.de/10010281873
Perikles is usually seen as a great statesman and clever leader of the Athenians. In the mid fifth century BC, he seems however to have been in serious political trouble and may well have been in danger of losing the struggle for power and of being ostracised. The fact that his incentives...
Persistent link: https://www.econbiz.de/10013208722
The notion of the 'Silk Road' that the German geographer Ferdinand von Richthofen invented in the 19th century has lost attraction to scholars in light of large amounts of new evidence and new approaches. The handbook suggests new conceptual and methodological tools for researching ancient...
Persistent link: https://www.econbiz.de/10014280314
Ökonomen und Politiker gehen heute nicht mehr von einer schnellen Angleichung der wirtschaftlichen Leistungsfähigkeit zwischen Ost- und Westdeutschland aus. In der Tat zeigen viele aktuelle Studien, dass regionalökonomische Unterschiede sehr persistent, also kaum veränderbar sind. Dieser...
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