ABSTRACT
If the economic and, in particular, the monetary problems we are facing today have a startling resemblance to those which were the subject of contention for two generations a century ago, the experience of the Napoleonic and post-Napoleonic days has an interest for us in two respects. The two periods illuminate one another, and we can pass from the depreciated exchanges of 1797–1819 to those of 1914–1925 … with the feeling that our comprehension of the past and present is increased by comparing one with the other. (Gregory, introduction to Tooke and Newmarch, A History of Prices, 1838 [1928], Vol. 1, p. 8)
