Confucian Statecraft and Korean Institutions. Yu Hyongwon and the Late Choson Dynasty - James B. Palais

872 FINANCIAL REFORM AND THE ECONOMY Munhonbigo in the f780s by quoting the remarks of Kim Yuk, who recounted his lifetime exper ...

COPPER CASH AND THE MONETARY SYSTEM 873 Kaesong proved that it not only could but had to happen in Korea as well, but because of ...

874 FINANCIAL REFORM AND THE ECONOMY quantity because it had to be done in nominal violation of Chinese law against its export t ...

COPPER CASH AND THE MONETARY SYSTEM 875 from active officials like Kim Yuk and kings like Hyojong, and the scholars derived insp ...

876 FINANCIAL REFORM AND THE ECONOMY greatly influenced by Kim Yuk's heroic efforts to introduce copper cash into the Korean eco ...

CHAPTER 24 Yu Hyongwon's Analysis of Currency "Why currency does not circulate is not because it cannot do so; it is only becaus ...

878 FINANCIAL REFORM AND THE ECONOMY The disappearance of cash and the reversion to a more primitive economy based on either bar ...

Yu's ANALYSIS OF CURRENCY 879 CURRENCY IN CHINA The Sages Sanction Currency Yu must have been overjoyed to discover that the Gre ...

880 FINANCIAL REFORM AND THE ECONOMY markets by licensing specific merchants to sell certain goods, setting fair prices, and buf ...

Yu's ANALYSIS OF CURRENCY 881 confidence in the value of the coins in circulation. In a period when paper money and bills of exc ...

882 FINANCIAL REFORM AND THE ECONOMY Despite the problems of private minting and debasement, however, Chia I did not call for th ...

Yu's ANALYSIS OF CURRENCY 883 to match the emperor's own treasury, but he rebelled against the throne. Teng T'ung spent forty ye ...

884 FINANCIAL REFORM AND THE ECONOMY forth replace metallic cash as the main media of exchange. The emperor ignored the proposal ...

Yu's ANALYSIS OF CURRENCY 885 sary function as a medium of exchange. He was willing to concede that if the peasants were, in fac ...

886 FINANCIAL REFORM AND THE ECONOMY who established the Liao dynasty (tenth through early twelfth centuries) in Manchuria and n ...

Yu's ANALYSIS OF CURRENCY 887 shortage of coins. This situation was just the opposite of the problem prevalent in the early Han ...

888 FINANCIAL REFORM AND THE ECONOMY transactions, and the people had no confidence that others would honor them. Sun was forced ...

Yu's ANALYSIS OF CURRENCY 889 around 465 when Ch'en Ching-chih obtained permission to allow private mint- ing of cash. The priva ...

890 FINANCIAL REFORM AND THE ECONOMY were close to the intrinsic values and the technology of coinage was too diffi- cult for th ...

Yu's ANALYSIS OF CURRENCY 891 of coinage, but to the reduction of agricultural production and resulting famine and deprivation b ...