Fiscal Innovation and the Origins of Paper Currency in Song China (960-1276)<\/strong><\/p>\n Since the pioneering research of Japanese scholars in the 1920s the invention of paper currency in China in the eleventh century has long been regarded as a signal feature of China\u2019s \u201cmedieval economic revolution,\u201d marking the triumph of a market economy over the command economy of early imperial times. In recent years, however, some Chinese and Japanese scholars have questioned this \u201crise of the market\u201d narrative, arguing that paper bills essentially served as a means of \u201cfiscal circulation\u201d organized by the state rather than as market money. In this Quantitative History Webinar, Richard von Glahn of the University of California, Los Angeles, will explain how his study reaffirms the crucial role of paper currency in the Song market economy. He will also emphasize that the success of the Song state in maintaining a viable paper currency is derived from the interrelationship between state finance and private commerce. Paper currencies thus were an integral part of what he calls the \u201csynergistic fiscal state\u201d in Song times, in which the state sought to harness market forces for its own fiscal ends.<\/p>\n Discussant: William Guanglin Liu (Lingnan University)<\/p>\n Live on Zoom on Thursday, February 8, 2024 <\/p>\n The Quantitative History (QH) Webinar Series aims to provide researchers, teachers, and students with an online intellectual platform to keep up to date with the latest research in the field, promoting the dissemination of research findings and interdisciplinary use of quantitative methods in historical research. The QH Webinar Series, now entering its fourth year, is co-organized by Centre for Quantitative History at the HKU Business School and International Society for Quantitative History in partnership with Hong Kong Institute for the Humanities and Social Sciences. The Series is now substantially supported by the Areas of Excellence (AoE) Scheme from the Research Grants Council of the Hong Kong Special Administrative Region, China (Project No. [AoE\/B-704\/22-R]). \u91cf\u5316\u6b77\u53f2\u7db2\u4e0a\u8b1b\u5ea7\u7cfb\u5217\u7531\u9999\u6e2f\u5927\u5b78\u9673\u5fd7\u6b66\u548c\u99ac\u99b3\u9a01\u6559\u6388\u806f\u5408\u767c\u8d77\uff0c\u65e8\u5728\u4ecb\u7d39\u524d\u6cbf\u91cf\u5316\u6b77\u53f2\u7814\u7a76\u6210\u679c\u3001\u4fc3\u9032\u540c\u4ec1\u4ea4\u6d41\uff0c\u63a8\u5ee3\u91cf\u5316\u65b9\u6cd5\u5728\u6b77\u53f2\u7814\u7a76\u4e2d\u7684\u61c9\u7528\u3002\u672c\u7cfb\u5217\u8b1b\u5ea7\u7531\u9999\u6e2f\u5927\u5b78\u7d93\u7ba1\u5b78\u9662\u91cf\u5316\u6b77\u53f2\u7814\u7a76\u4e2d\u5fc3\u548c\u570b\u969b\u91cf\u5316\u6b77\u53f2\u5b78\u6703\u627f\u8fa6\uff0c\u53ca\u9999\u6e2f\u4eba\u6587\u793e\u6703\u7814\u7a76\u6240\u5168\u529b\u652f\u6301\u3002\u5f9e2023\u5e74\u958b\u59cb\uff0c\u7cfb\u5217\u5f97\u5230\u4e2d\u570b\u9999\u6e2f\u7279\u5225\u884c\u653f\u5340\u7814\u7a76\u8cc7\u52a9\u5c40\u5353\u8d8a\u5b78\u79d1\u9818\u57df\u8a08\u5283\u7684\u91cd\u8981\u8cc7\u52a9 (\u9805\u76ee\u7de8\u865f[AoE\/B-704\/22-R])\u3002<\/p>\n Conveners:
\n10:00 Hong Kong\/Beijing\/Singapore
\n11:00 Tokyo | 13:00 Sydney
\nPrevious Day 18:00 Los Angeles | 21:00 New York on Wednesday, February 7<\/p>\nAbout the Quantitative History Webinar Series<\/h5>\n
\nZhiwu Chen<\/a>
\nChicheng Ma<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-207769","event","type-event","status-publish","hentry","seminar-categories-quantitative-history-series-sc","event-natures-seminar-calendar","event-natures-sc-economics-seminar-seminar-calendar"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t