Previous articleNext article No AccessCommentMilton Friedman, Silver, and ChinaThomas G. RawskiThomas G. Rawski Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Journal of Political Economy Volume 101, Number 4Aug., 1993 Article DOIhttps://doi.org/10.1086/261896 Views: 12Total views on this site Citations: 12Citations are reported from Crossref Copyright 1993 The University of ChicagoPDF download Crossref reports the following articles citing this article:Bo Chen, Dan Li, Yiqing Xie Silver, fiduciary money, and the Chinese economy, 1890–1935, Review of International Economics 30, no.44 (Dec 2021): 939–970.https://doi.org/10.1111/roie.12590Fabio Braggion, Alberto Manconi, Haikun Zhu Credit and social unrest: Evidence from 1930s China, Journal of Financial Economics 138, no.22 (Nov 2020): 295–315.https://doi.org/10.1016/j.jfineco.2020.05.001Debin Ma, Liuyan Zhao A silver transformation: Chinese monetary integration in times of political disintegration, 1898–1933†, The Economic History Review 73, no.22 (May 2020): 513–539.https://doi.org/10.1111/ehr.12939Liuyan Zhao, Yan Zhao Alfred Marshall, Silver, and China, Australian Economic History Review 58, no.22 (Jul 2017): 153–175.https://doi.org/10.1111/aehr.12138Fabio Braggion, Alberto Manconi, Haikun Zhu International Liquidity Shocks, the Real Economy, and Social Unrest: China, 1931-1935, SSRN Electronic Journal (Jan 2015).https://doi.org/10.2139/ssrn.2714815Tai-kuang Ho, Cheng-chung Lai Silver fetters? The rise and fall of the Chinese price level 1928–34, Explorations in Economic History 50, no.33 (Jul 2013): 446–462.https://doi.org/10.1016/j.eeh.2013.03.001Tai-kuang Ho, Cheng-chung Lai, Joshua Jr-shiang Gau Equilibrium and adjustment of exchange rates in the Chinese silver standard economy, 1928–1935, Cliometrica 7, no.11 (Jan 2012): 87–98.https://doi.org/10.1007/s11698-012-0079-6Paul B. Trescott Western economic advisers in China, 1900–1949, (Mar 2015): 1–37.https://doi.org/10.1108/S0743-4154(2010)000028A004David Denzer-Speck Currency Competition in China Between 1850 and 1950 A Case Study on Hayek's Denationalised Money?, Kredit und Kapital 42, no.33 (Jul 2009): 327–351.https://doi.org/10.3790/kuk.42.3.327Richard C.K. BURDEKIN US pressure on China: Silver flows, deflation, and the 1934 Shanghai credit crunch, China Economic Review 19, no.22 (Jun 2008): 170–182.https://doi.org/10.1016/j.chieco.2007.08.002N. Horesh "Many a Long Day": HSBC and Its Note Issue in Republican China, 1912-1935, Enterprise and Society 9, no.11 (Apr 2008): 6–43.https://doi.org/10.1093/es/khm101Bruce D. Smith Mischief and monetary history Friedman and Schwartz thirty years later, Journal of Monetary Economics 34, no.11 (Aug 1994): 27–46.https://doi.org/10.1016/0304-3932(94)90057-4