Edited by Forrest H. Capie, Cass Business School, City, University of London, UK

'. . . a collection of important articles which will be most useful for students of monetary disorder.'

• Contents IntroductionPart I: The Sources, Development and Ending of Major Inflations1. Forrest Capie (1986), ‘Conditions in which Very Rapid Inflation has Appeared’2. Phillip Cagan (1956), ‘The Monetary Dynamics of Hyperinflation’3. Thomas J. Sargent (1982), ‘The Ends of Four Big Inflations’Part II: Inflations before 19004. Francis T. Lui (1983), ‘Cagan's Hypothesis and the First Nationwide Inflation of Paper Money in World History’5. Bruce D. Smith (1985), ‘Some Colonial Evidence on Two Theories of Money: Maryland and the Carolinas’6. Earl J. Hamilton (1977), ‘The Role of War in Modern Inflation’7. Andrew Dickson White (1959), ‘Fiat Money Inflation in France’8. Milton Friedman (1951), ‘The Role of War in American Economic Development: Prices, Income and Monetary Changes in Three Wartime Periods’9. Eugene M. Lerner (1954), ‘The Monetary and Fiscal Programs of the Confederate Government, 161–65’10. Eugene M. Lerner (1955), ‘Money, Prices and Wages in the Confederacy’Part III: The 1920s11. Costantion Bresciani-Turroni (1937), ‘The National Finances, the Inflaton and the Depreciation of the Mark’12. Joan Robinson (1938), ‘Review of Bresciani-Turroni's The Economics of Inflation’ 13. Carl-Ludwig Holtfrerich (1986), ‘The Determinants of Monetary Expansion’14. Stephen B. Webb (1985), ‘Government Debt and Inflationary Expectations as Determinants of the Money Supply in Germany’15. Charles Maier (1978), ‘The Politics of Inflation in the Twentieth Century’16. Rodney L. Jacobs (1977), ‘Hyperinflation and the Supply of Money’Part IV: Inflations in the 1940s17 Bertrand Nogaro (1948), ‘Hungary's Recent Monetary Crisis and its Theoretical Meaning’18. Andrew C. Huang (1948), ‘The Inflation in China’19. Colin D. Campbell and Gordan C. Tullock (1954), ‘Hyperinflation in China, 1937–49’20. Gail E. Makinen (1986), ‘The Greek Hyperinflation and Stabilization of 1943–46’21. William A. Bomberger and Gail E. Makinen (1983), ‘The Hungerian Hyperinflation and Stabilization of 1945–6’Name Index

Edited by Forrest H. Capie, Cass Business School, City, University of London, UK

'. . . a collection of important articles which will be most useful for students of monetary disorder.'

• Contents IntroductionPart I: The Sources, Development and Ending of Major Inflations1. Forrest Capie (1986), ‘Conditions in which Very Rapid Inflation has Appeared’2. Phillip Cagan (1956), ‘The Monetary Dynamics of Hyperinflation’3. Thomas J. Sargent (1982), ‘The Ends of Four Big Inflations’Part II: Inflations before 19004. Francis T. Lui (1983), ‘Cagan's Hypothesis and the First Nationwide Inflation of Paper Money in World History’5. Bruce D. Smith (1985), ‘Some Colonial Evidence on Two Theories of Money: Maryland and the Carolinas’6. Earl J. Hamilton (1977), ‘The Role of War in Modern Inflation’7. Andrew Dickson White (1959), ‘Fiat Money Inflation in France’8. Milton Friedman (1951), ‘The Role of War in American Economic Development: Prices, Income and Monetary Changes in Three Wartime Periods’9. Eugene M. Lerner (1954), ‘The Monetary and Fiscal Programs of the Confederate Government, 161–65’10. Eugene M. Lerner (1955), ‘Money, Prices and Wages in the Confederacy’Part III: The 1920s11. Costantion Bresciani-Turroni (1937), ‘The National Finances, the Inflaton and the Depreciation of the Mark’12. Joan Robinson (1938), ‘Review of Bresciani-Turroni's The Economics of Inflation’ 13. Carl-Ludwig Holtfrerich (1986), ‘The Determinants of Monetary Expansion’14. Stephen B. Webb (1985), ‘Government Debt and Inflationary Expectations as Determinants of the Money Supply in Germany’15. Charles Maier (1978), ‘The Politics of Inflation in the Twentieth Century’16. Rodney L. Jacobs (1977), ‘Hyperinflation and the Supply of Money’Part IV: Inflations in the 1940s17 Bertrand Nogaro (1948), ‘Hungary's Recent Monetary Crisis and its Theoretical Meaning’18. Andrew C. Huang (1948), ‘The Inflation in China’19. Colin D. Campbell and Gordan C. Tullock (1954), ‘Hyperinflation in China, 1937–49’20. Gail E. Makinen (1986), ‘The Greek Hyperinflation and Stabilization of 1943–46’21. William A. Bomberger and Gail E. Makinen (1983), ‘The Hungerian Hyperinflation and Stabilization of 1945–6’Name Index