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Decades before the American revolution, each of the colonies issued their own paper money. These monetary experiments embroiled the colonies in controversy, fueling political disputes both within the colonies and between the colonies and England. These experiments also raised fundamental economic questions, such as how paper money influences prices, exchange rates, economic growth, and the balance of trade. Almost three centuries later, these issues remain unsettled, and continue to spark controversy. This home page [...] is designed to whet your interest in the topic. The best introduction available on the Web is my article on Colonial Currency, Prices, and Exchange Rates" which you can reach though a link below. A few contemporary pamphlets, dealing primarily with Massachusetts and New England, are available here in electronic text. These pamphlets illustrate the debate within colonial society, and provide some insight into the history of the period. If you find the subject as interesting as I do, explore the suggestions for additional reading." [self-description]
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