Monetary Regimes and Inflation: History, Economic and Political Relationships
"'Peter Bernholz's book brings together his comprehensive studies of inflation from the fourth century to the present, showing their common elements and their differences. This is an impressive work that bankers, central bankers, economists and laymen can read with pleasure and profit. I recommend it highly.' - Allan H. Meltzer, Carnegie Mellon University and American Enterprise Institute, US 'This book is about explaining inflation. It is written by one of the world's leading political economists. His comparison of 29 hyperinflations demonstrates the crucial role of political institutions and monetary regimes. The author's grasp of economic and political history is truly exceptional. The book fills a gap. It is the fruit of a lifelong occupation with the problem of inflation.' - Roland Vaubel, University of Mannheim, Germany"