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

952 FINANCIAL REFORM AND THE ECONOMY Limits on Interest One of the worst problems created by the use of cash, at least in Yongjo ...

INFLATION AND DEFLATION 953 Any officials who violated these limits to charge higher interest for their own, "private" profit wo ...

954 FINANCIAL REFORM AND THE ECONOMY means was it necessary that a serious thinker would be forced to conform with the majority ...

INFLATION AND DEFLATION 955 among the people has declined, the mores of the people have become worse. state finances have been d ...

956 FINANCIAL REFORM AND THE ECONOMY of multiple-denomination coins as well, leaving only grain and cloth as the media of exchan ...

INFLATION AND DEFLATION 957 Won Yuhan has charitably called this idea "unique" because no one else ever thought of it, but it on ...

9S8 FINANCIAL REFORM AND THE ECONOMY that half the granary funds were supposed to be kept on reserve, and rice reserves in milit ...

INFLA TlON AND DEFLATION 959 worth more than the other, a principle no different than the use of precious met- als like gold and ...

960 FINANCIAL REFORM AND THE ECONOMY it. The people living in a lesser age of decline, that is, any dynasty after the fall of th ...

INFLATION AND DEFLATION 961 replied that rice could be used for small transactions, and cotton or silk for large transactions, a ...

962 FINANCIAL REFORM AND THE ECONOMY CONCLUSION The leading advocates of cash in the seventeenth century wanted to promote the e ...

INFLATION AND DEFLATION 963 the market itself. YOngjo, in fact, endorsed this argument even though it would mean that restored s ...

CHAPTER 26 Cash and Economic Change after 1731 iGng Yongjo's decision to mint more cash in 173 I appeared to mark the end of an ...

CASH AND ECONOMIC CHANGE 965 and desperate they might become for fear they might lay an eternal curse on their male progeny. Yu' ...

966 FINANCIAL REFORM AND THE ECONOMY licensed merchants would become bigger and stronger because their profits would be guarante ...

CASH AND ECONOMIC CHANGE 967 for the starving and found schools to educate the youth in Confucian learning. He did not realize, ...

968 FINANCIAL REFORM AND THE ECONOMY of the First Emperor of the Ch' in Dynasty would not have been able to stop them from savin ...

CASH AND ECONOMIC CHANGE 969 to the population. These were the methods for securing the successful circula- tion of cash and att ...

970 FINANCIAL REFORM AND THE ECONOMY declined somewhat in 1749, rose above previous levels in 1785 and approached 300,000 yang p ...

CASH AND ECONOMIC CHANGE 971 ignorant common people would not be able to distinguish between Korean and Chinese cash. On the oth ...