George Selgin Público Deposited
- From jackhowes@yahoo.com Sat Dec 21 20:12:39 2002
Return-Path: <jackhowes@yahoo.com>
X-Sender: jackhowes@yahoo.com
X-Apparently-To: colonial-coins@yahoogroups.com
Received: (EGP: mail-8_2_3_0); 22 Dec 2002 04:12:38 -0000
Received: (qmail 40447 invoked from network); 22 Dec 2002 04:12:38 -0000
Received: from unknown (66.218.66.218)
by m3.grp.scd.yahoo.com with QMQP; 22 Dec 2002 04:12:38 -0000
Received: from unknown (HELO n15.grp.scd.yahoo.com) (66.218.66.70)
by mta3.grp.scd.yahoo.com with SMTP; 22 Dec 2002 04:12:38 -0000
Received: from [66.218.67.174] by n15.grp.scd.yahoo.com with NNFMP; 22 Dec 2002 04:12:38 -0000
Date: Sun, 22 Dec 2002 04:12:36 -0000
To: colonial-coins@yahoogroups.com
Subject: George Selgin
Message-ID: <au3e3k+3j0o@eGroups.com>
User-Agent: eGroups-EW/0.82
MIME-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Length: 919
X-Mailer: Yahoo Groups Message Poster
From: "Jack Howes <jackhowes@yahoo.com>" <jackhowes@yahoo.com>
X-Originating-IP: 68.42.255.132
X-Yahoo-Group-Post: member; u=68201567
X-Yahoo-Profile: jackhowes
Hello group and happy holidays:
I only joined this group recently and have read through most of the
message archive which I find fascinating, especially the posted images
and related discussions of the images.
I also find the background of the time period interesting i.e., who
made these tokens and counterfeits and why.
Anyway, the point of this post is that I ran into an article by a guy
named George Selgin. He is an Economics professor at the University
of Georgia. He has an "working paper" on his site that I think a
number of the members of this group would find interesting.
It is about the small change problem in England in the late 18th
century; the time of private tokens and counterfeits.
http://www.terry.uga.edu/~selgin/files/HOTAIR9.pdf
I believe I agree with most of his argument with the exception of his
point that cast counterfeits were cheaper to make than struck
counterfeits.
Jack - 2002-12-21
- 1
