Copernicus and Asian Monetary Monitor now available

Now available free at the Internet Archive are two publications that will be of interest to some readers of this blog.

Nicolas Copernicus’s brief Essay on Money shows that Copernicus’s sagacity extended beyond astronomy. In a few pages he diagnoses inflation and a number of its ill effects.

The Asian Monetary Monitor was published every two months in Hong Kong from 1977 to 1996. It cast an eye on monetary and financial developments in East and Southeast Asia. The editor was John Greenwood. The publication is particularly noteworthy for Greenwood’s articles in advance of Hong Kong’s monetary crisis of 1983 explaining why Hong Kong was at risk of a crisis and how to prevent it or escape from it. When the crisis came, Hong Kong’s government adopted Greenwood’s suggestion of returning to the currency board system. The system endures today.