Jump to ContentJump to Main Navigation
The Glitter of GoldFrance
Bimetallism
and the Emergence of the International Gold Standard
1848-1873$
Users without a subscription are not able to see the full content.

Marc Flandreau

Print publication date: 2004

Print ISBN-13: 9780199257867

Published to Oxford Scholarship Online: August 2004

DOI: 10.1093/0199257868.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 14 October 2019

Scale and Scope: Coinage, Arbitrage, and Bimetallism

Scale and Scope: Coinage, Arbitrage, and Bimetallism

Chapter:
(p.128) 6 Scale and Scope: Coinage, Arbitrage, and Bimetallism
Source:
The Glitter of Gold
Author(s):

Marc Flandreau

Publisher:
Oxford University Press
DOI:10.1093/0199257868.003.0007

Chapter 6 documents the role of arbitrage networks on the operation of bimetallism. Focusing on the experience of the Rothschilds, its shows how bankers organized themselves in order to take advantage of the profits associated with bullion arbitrage. The response involved a combination of concentration (of refining and coining activities), and decentralization (of partners and associates all over the world to put bullion into motion).

Keywords:   Coining, Mint, Refining, Centralization, Economies of Scale, Economies of Scope, Nationalization, Farming out, Coinage technology

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .